REI Lense

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$2,878 (target)

22972 Keith Dr, New Caney, TX 77357

3 beds • 3 baths • 2232 sqft

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This property might be a fair Mid-Term investment with a projected 0.16% first-year return on $73,062 initial cash invested.

0.16%

Cash On Cash

6.81%

Cap Rate

1.09

DSCR

$2,878

Rent

$10

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,878 income − $2,868 expenses = $10 cash flow

Income$2,878Mortgage P&I$1,36247%Property Taxes$46416%Insurance$642%Management$34512%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31711%Cash Flow$10

Investment Breakdown

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Purchase Price

$262k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,062

Downpayment

20%

$52,440

Closing costs

1%

$2,622

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,878

Total Expenses

$2,868

Mortgage P&I

47%

$1,362

Property Taxes

16%

$464

Home Insurance

2%

$64

HOA

0%

$0

Property Management

12%

$345

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$317

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