REI Lense

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$2,544 (target)

135 Sand Shoals Rd, Freeport, TX 77541

3 beds • 2 baths • 1365 sqft

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This property looks like a bad Mid-Term investment with a projected -9.85% first-year return on $94,650 initial cash invested.

-9.85%

Cash On Cash

3.76%

Cap Rate

0.63

DSCR

$2,544

Rent

-$777

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,544 income − $3,321 expenses = $777 out of pocket

Income$2,544Out of Pocket$777Mortgage P&I$1,81972%Property Taxes$49219%Insurance$1285%HOA$171%Management$30512%CapEx$1024%Vacancy$763%Maintenance$1024%Other$28011%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,544

Total Expenses

$3,321

Mortgage P&I

72%

$1,819

Property Taxes

19%

$492

Home Insurance

5%

$128

HOA

1%

$17

Property Management

12%

$305

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$280

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