REI Lense

REI Lense

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$1,485 (target)

127 Fiesta Dr, Del Rio, TX 78840

3 beds • 2 baths • 1316 sqft

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This property looks like a bad Long-Term investment with a projected -6.33% first-year return on $44,373 initial cash invested.

-6.33%

Cash On Cash

5.22%

Cap Rate

0.85

DSCR

$1,485

Rent

-$234

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,485 income − $1,719 expenses = $234 out of pocket

Income$1,485Out of Pocket$234Mortgage P&I$1,07973%Property Taxes$17512%Insurance$805%Management$14810%CapEx$745%Vacancy$896%Maintenance$745%

Investment Breakdown

|

Purchase Price

$211k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,373

Downpayment

20%

$42,260

Closing costs

1%

$2,113

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,485

Total Expenses

$1,719

Mortgage P&I

73%

$1,079

Property Taxes

12%

$175

Home Insurance

5%

$80

HOA

0%

$0

Property Management

10%

$148

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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