REI Lense

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$1,520 (target)

2808 Longhorn Dr, Weslaco, TX 78596

3 beds • 2 baths • 1300 sqft

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This property looks like a bad Long-Term investment with a projected -0.94% first-year return on $35,700 initial cash invested.

-0.94%

Cash On Cash

6.6%

Cap Rate

1.05

DSCR

$1,520

Rent

-$28

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,520 income − $1,548 expenses = $28 out of pocket

Income$1,520Out of Pocket$28Mortgage P&I$88758%Property Taxes$20614%Insurance$604%Management$15210%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

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Purchase Price

$170k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,700

Downpayment

20%

$34,000

Closing costs

1%

$1,700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,520

Total Expenses

$1,548

Mortgage P&I

58%

$887

Property Taxes

14%

$206

Home Insurance

4%

$60

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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