REI Lense

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$6,556 (target)

168 Waterstone Dr, Montgomery, TX 77356

3 beds • 5 baths • 3461 sqft

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This property might be a fair Mid-Term investment with a projected 4.48% first-year return on $133k initial cash invested.

4.48%

Cash On Cash

7.62%

Cap Rate

1.28

DSCR

$6,556

Rent

$496

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,556 income − $6,060 expenses = $496 cash flow

Income$6,556Mortgage P&I$2,72041%Property Taxes$83413%Insurance$1983%HOA$791%Management$78712%CapEx$2624%Vacancy$1973%Maintenance$2624%Other$72111%Cash Flow$496

Investment Breakdown

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Purchase Price

$548k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$110k

Closing costs

1%

$5,475

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,556

Total Expenses

$6,060

Mortgage P&I

41%

$2,720

Property Taxes

13%

$834

Home Insurance

3%

$198

HOA

1%

$79

Property Management

12%

$787

CapEx

4%

$262

Vacancy

3%

$197

Maintenance

4%

$262

Other

11%

$721

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