REI Lense

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$2,310 (target)

321 Donnie Dr, Rockport, TX 78382

3 beds • 2 baths • 1836 sqft

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This property looks like a bad Mid-Term investment with a projected -6.5% first-year return on $87,090 initial cash invested.

-6.5%

Cash On Cash

5.02%

Cap Rate

0.78

DSCR

$2,310

Rent

-$472

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,310 income − $2,782 expenses = $472 out of pocket

Income$2,310Out of Pocket$472Mortgage P&I$1,75676%Property Taxes$1275%Insurance$1155%Management$27712%CapEx$924%Vacancy$693%Maintenance$924%Other$25411%

Investment Breakdown

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Purchase Price

$329k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,090

Downpayment

20%

$65,800

Closing costs

1%

$3,290

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,310

Total Expenses

$2,782

Mortgage P&I

76%

$1,756

Property Taxes

6%

$127

Home Insurance

5%

$115

HOA

0%

$0

Property Management

12%

$277

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$254

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