REI Lense

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$1,868 (target)

2041 Longhorn Dr, Levelland, TX 79336

3 beds • 2 baths • 2236 sqft

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This property looks like a bad Long-Term investment with a projected -6.27% first-year return on $49,350 initial cash invested.

-6.27%

Cash On Cash

5.41%

Cap Rate

0.87

DSCR

$1,868

Rent

-$258

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,868 income − $2,126 expenses = $258 out of pocket

Income$1,868Out of Pocket$258Mortgage P&I$1,22566%Property Taxes$33418%Insurance$824%Management$18710%CapEx$935%Vacancy$1126%Maintenance$935%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,868

Total Expenses

$2,126

Mortgage P&I

66%

$1,225

Property Taxes

18%

$334

Home Insurance

4%

$82

HOA

0%

$0

Property Management

10%

$187

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

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