REI Lense

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$1,515 (target)

1907 Mattie Dr, Copperas Cove, TX 76522

3 beds • 2 baths • 1444 sqft

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This property looks like a bad Long-Term investment with a projected -11.02% first-year return on $45,171 initial cash invested.

-11.02%

Cash On Cash

4.36%

Cap Rate

0.7

DSCR

$1,515

Rent

-$415

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,515 income − $1,930 expenses = $415 out of pocket

Income$1,515Out of Pocket$415Mortgage P&I$1,12074%Property Taxes$34123%Insurance$745%Management$15210%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

|

Purchase Price

$215k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,171

Downpayment

20%

$43,020

Closing costs

1%

$2,151

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,515

Total Expenses

$1,930

Mortgage P&I

74%

$1,120

Property Taxes

23%

$341

Home Insurance

5%

$74

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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