REI Lense

REI Lense

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$2,067 (target)

201 Midnight Dr, Royse City, TX 75189

3 beds • 2 baths • 1848 sqft

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This property looks like a bad Long-Term investment with a projected -13.44% first-year return on $70,371 initial cash invested.

-13.44%

Cash On Cash

3.38%

Cap Rate

0.58

DSCR

$2,067

Rent

-$788

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,371

Downpayment

20%

$67,020

Closing costs

1%

$3,351

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,067

Total Expenses

$2,855

Mortgage P&I

79%

$1,628

Property Taxes

26%

$534

Home Insurance

6%

$119

HOA

2%

$37

Property Management

10%

$207

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

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