REI Lense

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$2,934 (target)

1434 Paint Brush Ct, Burleson, TX 76028

3 beds • 2 baths • 1452 sqft

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This property might be a fair Mid-Term investment with a projected 1.74% first-year return on $70,500 initial cash invested.

1.74%

Cash On Cash

7.31%

Cap Rate

1.17

DSCR

$2,934

Rent

$102

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,934 income − $2,832 expenses = $102 cash flow

Income$2,934Mortgage P&I$1,30344%Property Taxes$44415%Insurance$883%Management$35212%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32311%Cash Flow$102

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,934

Total Expenses

$2,832

Mortgage P&I

44%

$1,303

Property Taxes

15%

$444

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$352

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$323

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