REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,684 (target)

902 Ridgefield Dr, Plano, TX 75075

3 beds • 2 baths • 1844 sqft

Email

This property looks like a bad Mid-Term investment with a projected -5.16% first-year return on $107k initial cash invested.

-5.16%

Cash On Cash

5.78%

Cap Rate

0.87

DSCR

$3,684

Rent

-$462

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,684 income − $4,146 expenses = $462 out of pocket

Income$3,684Out of Pocket$462Mortgage P&I$2,36464%Property Taxes$37810%Insurance$1524%Management$44212%CapEx$1474%Vacancy$1113%Maintenance$1474%Other$40511%

Investment Breakdown

|

Purchase Price

$426k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,140

Closing costs

1%

$4,257

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,684

Total Expenses

$4,146

Mortgage P&I

64%

$2,364

Property Taxes

10%

$378

Home Insurance

4%

$152

HOA

0%

$0

Property Management

12%

$442

CapEx

4%

$147

Vacancy

3%

$111

Maintenance

4%

$147

Other

11%

$405

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis