REI Lense

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$4,005 (target)

3116 Kingsbridge Dr, Plano, TX 75075

3 beds • 2 baths • 2064 sqft

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This property looks like a bad Mid-Term investment with a projected -7.04% first-year return on $125k initial cash invested.

-7.04%

Cash On Cash

4.66%

Cap Rate

0.78

DSCR

$4,005

Rent

-$734

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,005 income − $4,739 expenses = $734 out of pocket

Income$4,005Out of Pocket$734Mortgage P&I$2,55264%Property Taxes$64416%Insurance$1815%Management$48112%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$44111%

Investment Breakdown

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Purchase Price

$510k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$102k

Closing costs

1%

$5,097

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,005

Total Expenses

$4,739

Mortgage P&I

64%

$2,552

Property Taxes

16%

$644

Home Insurance

5%

$181

HOA

0%

$0

Property Management

12%

$481

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$441

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