REI Lense

REI Lense

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$2,205 (target)

3809 Kimberly Dr, Pearland, TX 77581

3 beds • 2 baths • 1723 sqft

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This property looks like a bad Long-Term investment with a projected -9.73% first-year return on $65,394 initial cash invested.

-9.73%

Cash On Cash

4.42%

Cap Rate

0.73

DSCR

$2,205

Rent

-$530

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,205 income − $2,735 expenses = $530 out of pocket

Income$2,205Out of Pocket$530Mortgage P&I$1,56671%Property Taxes$46221%Insurance$1125%HOA$231%Management$22010%CapEx$1105%Vacancy$1326%Maintenance$1105%

Investment Breakdown

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Purchase Price

$311k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,394

Downpayment

20%

$62,280

Closing costs

1%

$3,114

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,205

Total Expenses

$2,735

Mortgage P&I

71%

$1,566

Property Taxes

21%

$462

Home Insurance

5%

$112

HOA

1%

$23

Property Management

10%

$220

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

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