REI Lense

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$2,938 (target)

110 Kingsbury Way, Hewitt, TX 76643

3 beds • 2 baths • 1883 sqft

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This property looks like a bad Mid-Term investment with a projected -1.95% first-year return on $75,750 initial cash invested.

-1.95%

Cash On Cash

6.41%

Cap Rate

1

DSCR

$2,938

Rent

-$123

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,938 income − $3,061 expenses = $123 out of pocket

Income$2,938Out of Pocket$123Mortgage P&I$1,47550%Property Taxes$48617%Insurance$1003%Management$35312%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32311%

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,938

Total Expenses

$3,061

Mortgage P&I

50%

$1,475

Property Taxes

17%

$486

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$353

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$323

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