REI Lense

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$2,184 (target)

1301 Pelican Cir, Azle, TX 76020

3 beds • 2 baths • 1104 sqft

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This property might be a fair Mid-Term investment with a projected 1.46% first-year return on $56,871 initial cash invested.

1.46%

Cash On Cash

7.36%

Cap Rate

1.16

DSCR

$2,184

Rent

$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,184 income − $2,115 expenses = $69 cash flow

Income$2,184Mortgage P&I$98045%Property Taxes$34616%Insurance$472%Management$26212%CapEx$874%Vacancy$663%Maintenance$874%Other$24011%Cash Flow$69

Investment Breakdown

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Purchase Price

$185k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,871

Downpayment

20%

$37,020

Closing costs

1%

$1,851

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,184

Total Expenses

$2,115

Mortgage P&I

45%

$980

Property Taxes

16%

$346

Home Insurance

2%

$47

HOA

0%

$0

Property Management

12%

$262

CapEx

4%

$87

Vacancy

3%

$66

Maintenance

4%

$87

Other

11%

$240

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