REI Lense

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$1,764 (target)

2461 Lisa St, Grand Prairie, TX 75051

3 beds • 2 baths • 1020 sqft

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This property looks like a bad Long-Term investment with a projected -8.71% first-year return on $47,250 initial cash invested.

-8.71%

Cash On Cash

5.11%

Cap Rate

0.79

DSCR

$1,764

Rent

-$343

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,764 income − $2,107 expenses = $343 out of pocket

Income$1,764Out of Pocket$343Mortgage P&I$1,21469%Property Taxes$35620%Insurance$794%Management$17610%CapEx$885%Vacancy$1066%Maintenance$885%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,764

Total Expenses

$2,107

Mortgage P&I

69%

$1,214

Property Taxes

20%

$356

Home Insurance

4%

$79

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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