REI Lense

REI Lense

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$1,541 (target)

2214 Gordon St, Greenville, TX 75401

3 beds • 2 baths • 1276 sqft

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This property looks like a bad Long-Term investment with a projected -13.23% first-year return on $49,602 initial cash invested.

-13.23%

Cash On Cash

4.01%

Cap Rate

0.63

DSCR

$1,541

Rent

-$547

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,541 income − $2,088 expenses = $547 out of pocket

Income$1,541Out of Pocket$547Mortgage P&I$1,26082%Property Taxes$34422%Insurance$845%Management$15410%CapEx$775%Vacancy$926%Maintenance$775%

Investment Breakdown

|

Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,602

Downpayment

20%

$47,240

Closing costs

1%

$2,362

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,541

Total Expenses

$2,088

Mortgage P&I

82%

$1,260

Property Taxes

22%

$344

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

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