REI Lense

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$2,456 (target)

1509 Lawrence Ave, Pasadena, TX 77506

3 beds • 2 baths • 1260 sqft

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This property looks like a bad Mid-Term investment with a projected -1.02% first-year return on $63,276 initial cash invested.

-1.02%

Cash On Cash

6.71%

Cap Rate

1.04

DSCR

$2,456

Rent

-$54

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,456 income − $2,510 expenses = $54 out of pocket

Income$2,456Out of Pocket$54Mortgage P&I$1,16147%Property Taxes$43718%Insurance$773%Management$29512%CapEx$984%Vacancy$743%Maintenance$984%Other$27011%

Investment Breakdown

|

Purchase Price

$216k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,276

Downpayment

20%

$43,120

Closing costs

1%

$2,156

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,456

Total Expenses

$2,510

Mortgage P&I

47%

$1,161

Property Taxes

18%

$437

Home Insurance

3%

$77

HOA

0%

$0

Property Management

12%

$295

CapEx

4%

$98

Vacancy

3%

$74

Maintenance

4%

$98

Other

11%

$270

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