REI Lense

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$1,819 (target)

1140 Meridian, Livingston, TX 77351

3 beds • 2 baths • 1568 sqft

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This property might be a fair Long-Term investment with a projected 4.71% first-year return on $35,700 initial cash invested.

4.71%

Cash On Cash

7.89%

Cap Rate

1.26

DSCR

$1,819

Rent

$140

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,819 income − $1,679 expenses = $140 cash flow

Income$1,819Mortgage P&I$88749%Property Taxes$23013%Insurance$603%HOA$292%Management$18210%CapEx$915%Vacancy$1096%Maintenance$915%Cash Flow$140

Investment Breakdown

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Purchase Price

$170k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,700

Downpayment

20%

$34,000

Closing costs

1%

$1,700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,819

Total Expenses

$1,679

Mortgage P&I

49%

$887

Property Taxes

13%

$230

Home Insurance

3%

$60

HOA

2%

$29

Property Management

10%

$182

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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