REI Lense

REI Lense

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$1,423 (target)

3750 Nathan St, Beaumont, TX 77708

3 beds • 2 baths • 1146 sqft

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This property might be a fair Long-Term investment with a projected 8.83% first-year return on $27,720 initial cash invested.

8.83%

Cash On Cash

8.75%

Cap Rate

1.4

DSCR

$1,423

Rent

$204

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,423 income − $1,219 expenses = $204 cash flow

Income$1,423Mortgage P&I$68748%Property Taxes$1178%Insurance$463%Management$14210%CapEx$715%Vacancy$856%Maintenance$715%Cash Flow$204

Investment Breakdown

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Purchase Price

$132k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,720

Downpayment

20%

$26,400

Closing costs

1%

$1,320

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,423

Total Expenses

$1,219

Mortgage P&I

48%

$687

Property Taxes

8%

$117

Home Insurance

3%

$46

HOA

0%

$0

Property Management

10%

$142

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

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