REI Lense

REI Lense

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$2,192 (target)

301 Azalea St, Lake Jackson, TX 77566

3 beds • 2 baths • 1718 sqft

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This property could be a profitable Long-Term investment with a projected 35.25% first-year return on $27,300 initial cash invested.

35.25%

Cash On Cash

14.72%

Cap Rate

2.34

DSCR

$2,192

Rent

$802

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,192 income − $1,390 expenses = $802 cash flow

Income$2,192Mortgage P&I$68331%Property Taxes$904%Insurance$462%Management$21910%CapEx$1105%Vacancy$1326%Maintenance$1105%Cash Flow$802

Investment Breakdown

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Purchase Price

$130k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,300

Downpayment

20%

$26,000

Closing costs

1%

$1,300

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,192

Total Expenses

$1,390

Mortgage P&I

31%

$683

Property Taxes

4%

$90

Home Insurance

2%

$46

HOA

0%

$0

Property Management

10%

$219

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

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