REI Lense

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$3,560 (target)

135 Rio Grande Dr, Baytown, TX 77523

3 beds • 2 baths • 1983 sqft

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This property might be a fair Mid-Term investment with a projected 0.28% first-year return on $90,450 initial cash invested.

0.28%

Cash On Cash

6.6%

Cap Rate

1.09

DSCR

$3,560

Rent

$21

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,560 income − $3,539 expenses = $21 cash flow

Income$3,560Mortgage P&I$1,73549%Property Taxes$44613%Insurance$1213%HOA$271%Management$42712%CapEx$1424%Vacancy$1073%Maintenance$1424%Other$39211%Cash Flow$21

Investment Breakdown

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Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,450

Downpayment

20%

$69,000

Closing costs

1%

$3,450

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,560

Total Expenses

$3,539

Mortgage P&I

49%

$1,735

Property Taxes

13%

$446

Home Insurance

3%

$121

HOA

1%

$27

Property Management

12%

$427

CapEx

4%

$142

Vacancy

3%

$107

Maintenance

4%

$142

Other

11%

$392

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