REI Lense

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$3,284 (target)

25319 Penguin St, Magnolia, TX 77355

3 beds • 2 baths • 1796 sqft

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This property looks like a bad Mid-Term investment with a projected -1.66% first-year return on $95,490 initial cash invested.

-1.66%

Cash On Cash

5.97%

Cap Rate

1

DSCR

$3,284

Rent

-$132

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,284 income − $3,416 expenses = $132 out of pocket

Income$3,284Out of Pocket$132Mortgage P&I$1,83656%Property Taxes$33510%Insurance$1294%Management$39412%CapEx$1314%Vacancy$993%Maintenance$1314%Other$36111%

Investment Breakdown

|

Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,490

Downpayment

20%

$73,800

Closing costs

1%

$3,690

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,284

Total Expenses

$3,416

Mortgage P&I

56%

$1,836

Property Taxes

10%

$335

Home Insurance

4%

$129

HOA

0%

$0

Property Management

12%

$394

CapEx

4%

$131

Vacancy

3%

$99

Maintenance

4%

$131

Other

11%

$361

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