REI Lense

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$2,968 (target)

2611 Brightlake Way Ln, Pearland, TX 77584

3 beds • 2 baths • 2873 sqft

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This property looks like a bad Long-Term investment with a projected -17.29% first-year return on $101k initial cash invested.

-17.29%

Cash On Cash

2.86%

Cap Rate

0.47

DSCR

$2,968

Rent

-$1,452

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,968 income − $4,420 expenses = $1,452 out of pocket

Income$2,968Out of Pocket$1,452Mortgage P&I$2,44782%Property Taxes$93431%Insurance$1686%HOA$1003%Management$29710%CapEx$1485%Vacancy$1786%Maintenance$1485%

Investment Breakdown

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Purchase Price

$480k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$95,980

Closing costs

1%

$4,799

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,968

Total Expenses

$4,420

Mortgage P&I

82%

$2,447

Property Taxes

31%

$934

Home Insurance

6%

$168

HOA

3%

$100

Property Management

10%

$297

CapEx

5%

$148

Vacancy

6%

$178

Maintenance

5%

$148

Other

0%

$0

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