REI Lense

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$2,770 (target)

11939 Paramount Ln, Houston, TX 77067

3 beds • 2 baths • 1701 sqft

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This property might be a fair Mid-Term investment with a projected 5.47% first-year return on $67,980 initial cash invested.

5.47%

Cash On Cash

8.28%

Cap Rate

1.34

DSCR

$2,770

Rent

$310

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,770 income − $2,460 expenses = $310 cash flow

Income$2,770Mortgage P&I$1,22244%Property Taxes$1786%Insurance$833%HOA$351%Management$33212%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30511%Cash Flow$310

Investment Breakdown

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Purchase Price

$238k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,980

Downpayment

20%

$47,600

Closing costs

1%

$2,380

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,770

Total Expenses

$2,460

Mortgage P&I

44%

$1,222

Property Taxes

6%

$178

Home Insurance

3%

$83

HOA

1%

$35

Property Management

12%

$332

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$305

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