REI Lense

REI Lense

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$2,592 (target)

311 Spence St, Kerrville, TX 78028

3 beds • 2 baths • 1593 sqft

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This property looks like a bad Long-Term investment with a projected -0.88% first-year return on $68,250 initial cash invested.

-0.88%

Cash On Cash

6.38%

Cap Rate

1.05

DSCR

$2,592

Rent

-$50

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,592 income − $2,642 expenses = $50 out of pocket

Income$2,592Out of Pocket$50Mortgage P&I$1,64964%Property Taxes$2048%Insurance$1144%Management$25910%CapEx$1305%Vacancy$1566%Maintenance$1305%

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

$2,592

Total Expenses

$2,642

Mortgage P&I

64%

$1,649

Property Taxes

8%

$204

Home Insurance

4%

$114

HOA

0%

$0

Property Management

10%

$259

CapEx

5%

$130

Vacancy

6%

$156

Maintenance

5%

$130

Other

0%

$0

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