REI Lense

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$4,209 (target)

118 Snowdance Ct, Spring, TX 77382

3 beds • 3 baths • 2499 sqft

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This property looks like a bad Mid-Term investment with a projected -3.86% first-year return on $118k initial cash invested.

-3.86%

Cash On Cash

5.49%

Cap Rate

0.91

DSCR

$4,209

Rent

-$379

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,209 income − $4,588 expenses = $379 out of pocket

Income$4,209Out of Pocket$379Mortgage P&I$2,38957%Property Taxes$59414%Insurance$1754%Management$50512%CapEx$1684%Vacancy$1263%Maintenance$1684%Other$46311%

Investment Breakdown

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Purchase Price

$476k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,160

Closing costs

1%

$4,758

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,209

Total Expenses

$4,588

Mortgage P&I

57%

$2,389

Property Taxes

14%

$594

Home Insurance

4%

$175

HOA

0%

$0

Property Management

12%

$505

CapEx

4%

$168

Vacancy

3%

$126

Maintenance

4%

$168

Other

11%

$463

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