REI Lense

REI Lense

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$1,863 (target)

1157 Esplanade, San Marcos, TX 78666

3 beds • 2 baths • 1424 sqft

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This property looks like a bad Long-Term investment with a projected -12.31% first-year return on $52,269 initial cash invested.

-12.31%

Cash On Cash

4.1%

Cap Rate

0.66

DSCR

$1,863

Rent

-$536

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,863 income − $2,399 expenses = $536 out of pocket

Income$1,863Out of Pocket$536Mortgage P&I$1,29369%Property Taxes$46025%Insurance$875%HOA$754%Management$18610%CapEx$935%Vacancy$1126%Maintenance$935%

Investment Breakdown

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Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,269

Downpayment

20%

$49,780

Closing costs

1%

$2,489

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,863

Total Expenses

$2,399

Mortgage P&I

69%

$1,293

Property Taxes

25%

$460

Home Insurance

5%

$87

HOA

4%

$75

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

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