REI Lense

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$3,010 (target)

3891 Lorenzen Ct, Belton, TX 76513

3 beds • 2 baths • 1642 sqft

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This property might be a fair Mid-Term investment with a projected 1.39% first-year return on $74,952 initial cash invested.

1.39%

Cash On Cash

6.86%

Cap Rate

1.15

DSCR

$3,010

Rent

$87

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,010 income − $2,923 expenses = $87 cash flow

Income$3,010Mortgage P&I$1,34345%Property Taxes$42214%Insurance$963%HOA$401%Management$36112%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33111%Cash Flow$87

Investment Breakdown

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Purchase Price

$271k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,952

Downpayment

20%

$54,240

Closing costs

1%

$2,712

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,010

Total Expenses

$2,923

Mortgage P&I

45%

$1,343

Property Taxes

14%

$422

Home Insurance

3%

$96

HOA

1%

$40

Property Management

12%

$361

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$331

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