REI Lense

REI Lense

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$2,649 (target)

30103 Littlecroft Dr, Spring, TX 77386

3 beds • 2 baths • 2433 sqft

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This property looks like a bad Long-Term investment with a projected -7.2% first-year return on $69,300 initial cash invested.

-7.2%

Cash On Cash

4.92%

Cap Rate

0.83

DSCR

$2,649

Rent

-$416

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,649 income − $3,065 expenses = $416 out of pocket

Income$2,649Out of Pocket$416Mortgage P&I$1,63662%Property Taxes$57422%Insurance$1164%HOA$512%Management$26510%CapEx$1325%Vacancy$1596%Maintenance$1325%

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,300

Downpayment

20%

$66,000

Closing costs

1%

$3,300

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,649

Total Expenses

$3,065

Mortgage P&I

62%

$1,636

Property Taxes

22%

$574

Home Insurance

4%

$116

HOA

2%

$51

Property Management

10%

$265

CapEx

5%

$132

Vacancy

6%

$159

Maintenance

5%

$132

Other

0%

$0

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