REI Lense

REI Lense

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$2,081 (target)

2929 Tangleglen Dr, Rockwall, TX 75032

3 beds • 2 baths • 2148 sqft

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This property looks like a bad Long-Term investment with a projected -12.91% first-year return on $68,250 initial cash invested.

-12.91%

Cash On Cash

3.71%

Cap Rate

0.61

DSCR

$2,081

Rent

-$734

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,081 income − $2,815 expenses = $734 out of pocket

Income$2,081Out of Pocket$734Mortgage P&I$1,63479%Property Taxes$46923%Insurance$1145%HOA$573%Management$20810%CapEx$1045%Vacancy$1256%Maintenance$1045%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,081

Total Expenses

$2,815

Mortgage P&I

79%

$1,634

Property Taxes

23%

$469

Home Insurance

5%

$114

HOA

3%

$57

Property Management

10%

$208

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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