REI Lense

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$4,269 (target)

1914 Surrey Cir, Grand Prairie, TX 75050

3 beds • 2 baths • 1798 sqft

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This property might be a fair Mid-Term investment with a projected 5.92% first-year return on $89,190 initial cash invested.

5.92%

Cash On Cash

8.28%

Cap Rate

1.35

DSCR

$4,269

Rent

$440

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,269 income − $3,829 expenses = $440 cash flow

Income$4,269Mortgage P&I$1,72941%Property Taxes$52912%Insurance$1193%Management$51212%CapEx$1714%Vacancy$1283%Maintenance$1714%Other$47011%Cash Flow$440

Investment Breakdown

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Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,190

Downpayment

20%

$67,800

Closing costs

1%

$3,390

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,269

Total Expenses

$3,829

Mortgage P&I

41%

$1,729

Property Taxes

12%

$529

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$512

CapEx

4%

$171

Vacancy

3%

$128

Maintenance

4%

$171

Other

11%

$470

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