REI Lense

REI Lense

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$1,750 (target)

1013 W Sidnor St, Alvin, TX 77511

3 beds • 2 baths • 1320 sqft

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This property looks like a bad Long-Term investment with a projected -8.25% first-year return on $43,323 initial cash invested.

-8.25%

Cash On Cash

5.02%

Cap Rate

0.8

DSCR

$1,750

Rent

-$298

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,750 income − $2,048 expenses = $298 out of pocket

Income$1,750Out of Pocket$298Mortgage P&I$1,07361%Property Taxes$44525%Insurance$744%Management$17510%CapEx$885%Vacancy$1056%Maintenance$885%

Investment Breakdown

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Purchase Price

$206k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,323

Downpayment

20%

$41,260

Closing costs

1%

$2,063

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,750

Total Expenses

$2,048

Mortgage P&I

61%

$1,073

Property Taxes

25%

$445

Home Insurance

4%

$74

HOA

0%

$0

Property Management

10%

$175

CapEx

5%

$88

Vacancy

6%

$105

Maintenance

5%

$88

Other

0%

$0

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