REI Lense

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$3,228 (target)

379 Hale Rd, Bay City, TX 77414

3 beds • 2 baths • 2318 sqft

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This property might be a fair Mid-Term investment with a projected 0.27% first-year return on $87,300 initial cash invested.

0.27%

Cash On Cash

6.71%

Cap Rate

1.09

DSCR

$3,228

Rent

$20

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,228 income − $3,208 expenses = $20 cash flow

Income$3,228Mortgage P&I$1,69553%Property Taxes$3009%Insurance$1164%Management$38712%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35511%Cash Flow$20

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,300

Downpayment

20%

$66,000

Closing costs

1%

$3,300

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,228

Total Expenses

$3,208

Mortgage P&I

53%

$1,695

Property Taxes

9%

$300

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$387

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$355

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