REI Lense

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$3,276 (target)

3401 Pinion Dr, Plano, TX 75023

3 beds • 2 baths • 1503 sqft

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This property might be a fair Mid-Term investment with a projected 2.06% first-year return on $81,084 initial cash invested.

2.06%

Cash On Cash

7.36%

Cap Rate

1.17

DSCR

$3,276

Rent

$139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,276 income − $3,137 expenses = $139 cash flow

Income$3,276Mortgage P&I$1,57348%Property Taxes$36311%Insurance$883%Management$39312%CapEx$1314%Vacancy$983%Maintenance$1314%Other$36011%Cash Flow$139

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,084

Downpayment

20%

$60,080

Closing costs

1%

$3,004

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,276

Total Expenses

$3,137

Mortgage P&I

48%

$1,573

Property Taxes

11%

$363

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$393

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$360

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