REI Lense

REI Lense

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$2,835 (target)

937 Patricia St, Irving, TX 75060

3 beds • 2 baths • 1275 sqft

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This property looks like a bad Mid-Term investment with a projected -3.96% first-year return on $81,000 initial cash invested.

-3.96%

Cash On Cash

5.43%

Cap Rate

0.9

DSCR

$2,835

Rent

-$267

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,835

Total Expenses

$3,102

Mortgage P&I

53%

$1,512

Property Taxes

18%

$522

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$340

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$312

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