REI Lense

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$2,846 (target)

1914 Surrey Cir, Grand Prairie, TX 75050

3 beds • 2 baths • 1798 sqft

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This property looks like a bad Long-Term investment with a projected -4.57% first-year return on $71,190 initial cash invested.

-4.57%

Cash On Cash

5.66%

Cap Rate

0.93

DSCR

$2,846

Rent

-$271

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,846 income − $3,117 expenses = $271 out of pocket

Income$2,846Out of Pocket$271Mortgage P&I$1,72961%Property Taxes$52919%Insurance$1194%Management$28510%CapEx$1425%Vacancy$1716%Maintenance$1425%

Investment Breakdown

|

Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,190

Downpayment

20%

$67,800

Closing costs

1%

$3,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,846

Total Expenses

$3,117

Mortgage P&I

61%

$1,729

Property Taxes

19%

$529

Home Insurance

4%

$119

HOA

0%

$0

Property Management

10%

$285

CapEx

5%

$142

Vacancy

6%

$171

Maintenance

5%

$142

Other

0%

$0

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