REI Lense

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$3,298 (target)

985 E Villas Ct, Lewisville, TX 75067

3 beds • 3 baths • 2825 sqft

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This property looks like a bad Long-Term investment with a projected -12% first-year return on $126k initial cash invested.

-12%

Cash On Cash

3.9%

Cap Rate

0.64

DSCR

$3,298

Rent

-$1,260

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,298 income − $4,558 expenses = $1,260 out of pocket

Income$3,298Out of Pocket$1,260Mortgage P&I$3,04392%Property Taxes$41913%Insurance$2106%HOA$281%Management$33010%CapEx$1655%Vacancy$1986%Maintenance$1655%

Investment Breakdown

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Purchase Price

$600k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$120k

Closing costs

1%

$5,998

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,298

Total Expenses

$4,558

Mortgage P&I

92%

$3,043

Property Taxes

13%

$419

Home Insurance

6%

$210

HOA

1%

$28

Property Management

10%

$330

CapEx

5%

$165

Vacancy

6%

$198

Maintenance

5%

$165

Other

0%

$0

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