REI Lense

REI Lense

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$1,116 (target)

1717 W Lake Dr, Gladewater, TX 75647

3 beds • 2 baths • 1800 sqft

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This property looks like a bad Long-Term investment with a projected -26.92% first-year return on $75,390 initial cash invested.

-26.92%

Cash On Cash

0.37%

Cap Rate

0.06

DSCR

$1,116

Rent

-$1,691

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,390

Downpayment

20%

$71,800

Closing costs

1%

$3,590

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,116

Total Expenses

$2,807

Mortgage P&I

156%

$1,745

Property Taxes

58%

$645

Home Insurance

11%

$126

HOA

0%

$0

Property Management

10%

$112

CapEx

5%

$56

Vacancy

6%

$67

Maintenance

5%

$56

Other

0%

$0

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