REI Lense

REI Lense

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$2,378 (target)

151 County Road 2801, Cleveland, TX 77327

3 beds • 2 baths • 1344 sqft

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This property could be a profitable Mid-Term investment with a projected 20.97% first-year return on $46,350 initial cash invested.

20.97%

Cash On Cash

14.11%

Cap Rate

2.33

DSCR

$2,378

Rent

$810

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$135k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,350

Downpayment

20%

$27,000

Closing costs

1%

$1,350

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,378

Total Expenses

$1,568

Mortgage P&I

29%

$682

Property Taxes

1%

$31

Home Insurance

2%

$47

HOA

0%

$0

Property Management

12%

$285

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$262

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