REI Lense

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$2,037 (target)

1704 Redwood Cir, Alvin, TX 77511

3 beds • 2 baths • 1640 sqft

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This property looks like a bad Long-Term investment with a projected -6.39% first-year return on $54,096 initial cash invested.

-6.39%

Cash On Cash

5.14%

Cap Rate

0.86

DSCR

$2,037

Rent

-$288

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,037 income − $2,325 expenses = $288 out of pocket

Income$2,037Out of Pocket$288Mortgage P&I$1,29063%Property Taxes$41220%Insurance$935%Management$20410%CapEx$1025%Vacancy$1226%Maintenance$1025%

Investment Breakdown

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Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,096

Downpayment

20%

$51,520

Closing costs

1%

$2,576

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,037

Total Expenses

$2,325

Mortgage P&I

63%

$1,290

Property Taxes

20%

$412

Home Insurance

5%

$93

HOA

0%

$0

Property Management

10%

$204

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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