REI Lense

REI Lense

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$1,237 (target)

1102 La Monte Dr, Brownwood, TX 76801

3 beds • 2 baths • 1413 sqft

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This property looks like a bad Long-Term investment with a projected -3.39% first-year return on $33,590 initial cash invested.

-3.39%

Cash On Cash

6.14%

Cap Rate

0.96

DSCR

$1,237

Rent

-$95

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,237 income − $1,332 expenses = $95 out of pocket

Income$1,237Out of Pocket$95Mortgage P&I$85169%Property Taxes$1038%Insurance$565%Management$12410%CapEx$625%Vacancy$746%Maintenance$625%

Investment Breakdown

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Purchase Price

$160k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,590

Downpayment

20%

$31,990

Closing costs

1%

$1,600

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,237

Total Expenses

$1,332

Mortgage P&I

69%

$851

Property Taxes

8%

$103

Home Insurance

5%

$56

HOA

0%

$0

Property Management

10%

$124

CapEx

5%

$62

Vacancy

6%

$74

Maintenance

5%

$62

Other

0%

$0

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