REI Lense

REI Lense

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$2,452 (target)

307 W Welton Ave, Temple, TX 76501

3 beds • 2 baths • 1667 sqft

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This property looks like a bad Mid-Term investment with a projected -0.86% first-year return on $73,650 initial cash invested.

-0.86%

Cash On Cash

6.29%

Cap Rate

1.03

DSCR

$2,452

Rent

-$53

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,452 income − $2,505 expenses = $53 out of pocket

Income$2,452Out of Pocket$53Mortgage P&I$1,34455%Property Taxes$23410%Insurance$934%Management$29412%CapEx$984%Vacancy$743%Maintenance$984%Other$27011%

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,452

Total Expenses

$2,505

Mortgage P&I

55%

$1,344

Property Taxes

10%

$234

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$294

CapEx

4%

$98

Vacancy

3%

$74

Maintenance

4%

$98

Other

11%

$270

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