REI Lense

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$2,853 (target)

1309 Tony St, White Oak, TX 75693

3 beds • 2 baths • 1875 sqft

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This property might be a fair Mid-Term investment with a projected 5.69% first-year return on $66,258 initial cash invested.

5.69%

Cash On Cash

8.56%

Cap Rate

1.35

DSCR

$2,853

Rent

$314

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,853 income − $2,539 expenses = $314 cash flow

Income$2,853Mortgage P&I$1,21142%Property Taxes$2709%Insurance$883%Management$34212%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%Cash Flow$314

Investment Breakdown

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Purchase Price

$230k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,258

Downpayment

20%

$45,960

Closing costs

1%

$2,298

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,853

Total Expenses

$2,539

Mortgage P&I

42%

$1,211

Property Taxes

9%

$270

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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