REI Lense

REI Lense

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$2,544 (target)

118 Century Way, Del Rio, TX 78840

3 beds • 2 baths • 1754 sqft

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This property looks like a bad Mid-Term investment with a projected -3.3% first-year return on $82,890 initial cash invested.

-3.3%

Cash On Cash

5.46%

Cap Rate

0.92

DSCR

$2,544

Rent

-$228

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,544 income − $2,772 expenses = $228 out of pocket

Income$2,544Out of Pocket$228Mortgage P&I$1,53360%Property Taxes$26210%Insurance$1124%Management$30512%CapEx$1024%Vacancy$763%Maintenance$1024%Other$28011%

Investment Breakdown

|

Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,890

Downpayment

20%

$61,800

Closing costs

1%

$3,090

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,544

Total Expenses

$2,772

Mortgage P&I

60%

$1,533

Property Taxes

10%

$262

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$305

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$280

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