REI Lense

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$2,022 (target)

21204 N Skinner Rd, Edinburg, TX 78542

3 beds • 2 baths • 1225 sqft

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This property could be a profitable Mid-Term investment with a projected 17.52% first-year return on $41,100 initial cash invested.

17.52%

Cash On Cash

13.53%

Cap Rate

2.22

DSCR

$2,022

Rent

$600

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$110k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,100

Downpayment

20%

$22,000

Closing costs

1%

$1,100

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$2,022

Total Expenses

$1,422

Mortgage P&I

28%

$559

Property Taxes

7%

$137

Home Insurance

2%

$38

HOA

0%

$0

Property Management

12%

$243

CapEx

4%

$81

Vacancy

3%

$61

Maintenance

4%

$81

Other

11%

$222

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