REI Lense

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$3,126 (target)

2012 Scott St, La Marque, TX 77568

3 beds • 2 baths • 1979 sqft

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This property might be a fair Mid-Term investment with a projected 3.56% first-year return on $70,500 initial cash invested.

3.56%

Cash On Cash

7.9%

Cap Rate

1.25

DSCR

$3,126

Rent

$209

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,126 income − $2,917 expenses = $209 cash flow

Income$3,126Mortgage P&I$1,31142%Property Taxes$45515%Insurance$883%Management$37512%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34411%Cash Flow$209

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,126

Total Expenses

$2,917

Mortgage P&I

42%

$1,311

Property Taxes

15%

$455

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$375

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$344

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