REI Lense

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$3,453 (target)

1774 Pioneer Way, Lancaster, TX 75146

3 beds • 3 baths • 1970 sqft

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This property looks like a bad Mid-Term investment with a projected -1.69% first-year return on $81,714 initial cash invested.

-1.69%

Cash On Cash

6.24%

Cap Rate

1.01

DSCR

$3,453

Rent

-$115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,453 income − $3,568 expenses = $115 out of pocket

Income$3,453Out of Pocket$115Mortgage P&I$1,55545%Property Taxes$69620%Insurance$1073%HOA$361%Management$41412%CapEx$1384%Vacancy$1043%Maintenance$1384%Other$38011%

Investment Breakdown

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Purchase Price

$303k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,714

Downpayment

20%

$60,680

Closing costs

1%

$3,034

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,453

Total Expenses

$3,568

Mortgage P&I

45%

$1,555

Property Taxes

20%

$696

Home Insurance

3%

$107

HOA

1%

$36

Property Management

12%

$414

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$380

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