REI Lense

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$3,315 (target)

3501 Brennan Gdns, Amarillo, TX 79121

3 beds • 2 baths • 2007 sqft

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This property might be a fair Mid-Term investment with a projected 0.04% first-year return on $86,943 initial cash invested.

0.04%

Cash On Cash

6.59%

Cap Rate

1.08

DSCR

$3,315

Rent

$3

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,315 income − $3,312 expenses = $3 cash flow

Income$3,315Mortgage P&I$1,66650%Property Taxes$40112%Insurance$1174%Management$39812%CapEx$1334%Vacancy$993%Maintenance$1334%Other$36511%Cash Flow$3

Investment Breakdown

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Purchase Price

$328k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,943

Downpayment

20%

$65,660

Closing costs

1%

$3,283

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,315

Total Expenses

$3,312

Mortgage P&I

50%

$1,666

Property Taxes

12%

$401

Home Insurance

4%

$117

HOA

0%

$0

Property Management

12%

$398

CapEx

4%

$133

Vacancy

3%

$99

Maintenance

4%

$133

Other

11%

$365

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