REI Lense

REI Lense

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$2,159 (target)

1925 Clear Creek Dr, Little Elm, TX 75068

3 beds • 2 baths • 1669 sqft

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This property looks like a bad Long-Term investment with a projected -14.47% first-year return on $77,385 initial cash invested.

-14.47%

Cash On Cash

3.35%

Cap Rate

0.56

DSCR

$2,159

Rent

-$933

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,385

Downpayment

20%

$73,700

Closing costs

1%

$3,685

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,159

Total Expenses

$3,092

Mortgage P&I

86%

$1,854

Property Taxes

24%

$515

Home Insurance

6%

$131

HOA

1%

$30

Property Management

10%

$216

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

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