REI Lense

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$2,772 (target)

3406 E Martin Luther King Jr Blvd, Austin, TX 78721

3 beds • 2 baths • 1459 sqft

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This property looks like a bad Long-Term investment with a projected -17.47% first-year return on $110k initial cash invested.

-17.47%

Cash On Cash

2.66%

Cap Rate

0.44

DSCR

$2,772

Rent

-$1,605

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,772 income − $4,377 expenses = $1,605 out of pocket

Income$2,772Out of Pocket$1,605Mortgage P&I$2,63095%Property Taxes$84230%Insurance$1847%Management$27710%CapEx$1395%Vacancy$1666%Maintenance$1395%

Investment Breakdown

|

Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,772

Total Expenses

$4,377

Mortgage P&I

95%

$2,630

Property Taxes

30%

$842

Home Insurance

7%

$184

HOA

0%

$0

Property Management

10%

$277

CapEx

5%

$139

Vacancy

6%

$166

Maintenance

5%

$139

Other

0%

$0

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