REI Lense

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$2,204 (target)

107 Bluebird St, Mount Pleasant, TX 75455

3 beds • 2 baths • 1816 sqft

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This property might be a fair Mid-Term investment with a projected 5.91% first-year return on $60,315 initial cash invested.

5.91%

Cash On Cash

8.55%

Cap Rate

1.37

DSCR

$2,204

Rent

$297

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,204 income − $1,907 expenses = $297 cash flow

Income$2,204Mortgage P&I$1,05048%Property Taxes$372%Insurance$723%Management$26412%CapEx$884%Vacancy$663%Maintenance$884%Other$24211%Cash Flow$297

Investment Breakdown

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Purchase Price

$202k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,315

Downpayment

20%

$40,300

Closing costs

1%

$2,015

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,204

Total Expenses

$1,907

Mortgage P&I

48%

$1,050

Property Taxes

2%

$37

Home Insurance

3%

$72

HOA

0%

$0

Property Management

12%

$264

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$242

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