REI Lense

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$2,118 (target)

2301 Main Blvd, Brownwood, TX 76801

3 beds • 2 baths • 1161 sqft

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This property might be a fair Mid-Term investment with a projected 5.03% first-year return on $53,868 initial cash invested.

5.03%

Cash On Cash

8.56%

Cap Rate

1.34

DSCR

$2,118

Rent

$226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,118 income − $1,892 expenses = $226 cash flow

Income$2,118Mortgage P&I$90743%Property Taxes$20310%Insurance$613%Management$25412%CapEx$854%Vacancy$643%Maintenance$854%Other$23311%Cash Flow$226

Investment Breakdown

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Purchase Price

$171k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,868

Downpayment

20%

$34,160

Closing costs

1%

$1,708

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,118

Total Expenses

$1,892

Mortgage P&I

43%

$907

Property Taxes

10%

$203

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$254

CapEx

4%

$85

Vacancy

3%

$64

Maintenance

4%

$85

Other

11%

$233

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