REI Lense

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$3,352 (target)

2907 Highland Lakes Dr, Missouri City, TX 77459

3 beds • 2 baths • 2041 sqft

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This property looks like a bad Mid-Term investment with a projected -3.9% first-year return on $90,450 initial cash invested.

-3.9%

Cash On Cash

5.4%

Cap Rate

0.91

DSCR

$3,352

Rent

-$294

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,450

Downpayment

20%

$69,000

Closing costs

1%

$3,450

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,352

Total Expenses

$3,646

Mortgage P&I

51%

$1,713

Property Taxes

19%

$637

Home Insurance

4%

$121

HOA

1%

$35

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$369

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