REI Lense

REI Lense

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$1,690 (target)

3601 Hanselman Rd, Victoria, TX 77901

3 beds • 2 baths • 1308 sqft

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This property looks like a bad Long-Term investment with a projected -12.37% first-year return on $56,763 initial cash invested.

-12.37%

Cash On Cash

3.86%

Cap Rate

0.63

DSCR

$1,690

Rent

-$585

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,690 income − $2,275 expenses = $585 out of pocket

Income$1,690Out of Pocket$585Mortgage P&I$1,37181%Property Taxes$37022%Insurance$966%Management$16910%CapEx$845%Vacancy$1016%Maintenance$845%

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,763

Downpayment

20%

$54,060

Closing costs

1%

$2,703

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,690

Total Expenses

$2,275

Mortgage P&I

81%

$1,371

Property Taxes

22%

$370

Home Insurance

6%

$96

HOA

0%

$0

Property Management

10%

$169

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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