REI Lense

REI Lense

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$2,305 (target)

3618 New Copeland Rd, Tyler, TX 75701

3 beds • 2 baths • 2347 sqft

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This property looks like a bad Long-Term investment with a projected -11.28% first-year return on $84,777 initial cash invested.

-11.28%

Cash On Cash

4.09%

Cap Rate

0.67

DSCR

$2,305

Rent

-$797

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,305 income − $3,102 expenses = $797 out of pocket

Income$2,305Out of Pocket$797Mortgage P&I$2,05989%Property Taxes$29713%Insurance$1486%Management$23010%CapEx$1155%Vacancy$1386%Maintenance$1155%

Investment Breakdown

|

Purchase Price

$404k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,777

Downpayment

20%

$80,740

Closing costs

1%

$4,037

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,305

Total Expenses

$3,102

Mortgage P&I

89%

$2,059

Property Taxes

13%

$297

Home Insurance

6%

$148

HOA

0%

$0

Property Management

10%

$230

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

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