REI Lense

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$2,248 (target)

405 Redbud Ln, Mount Pleasant, TX 75455

3 beds • 2 baths • 2218 sqft

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This property could be a profitable Long-Term investment with a projected 18.81% first-year return on $30,429 initial cash invested.

18.81%

Cash On Cash

11.24%

Cap Rate

1.77

DSCR

$2,248

Rent

$477

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,248 income − $1,771 expenses = $477 cash flow

Income$2,248Mortgage P&I$76834%Property Taxes$34215%Insurance$773%Management$22510%CapEx$1125%Vacancy$1356%Maintenance$1125%Cash Flow$477

Investment Breakdown

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Purchase Price

$145k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,429

Downpayment

20%

$28,980

Closing costs

1%

$1,449

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,248

Total Expenses

$1,771

Mortgage P&I

34%

$768

Property Taxes

15%

$342

Home Insurance

3%

$77

HOA

0%

$0

Property Management

10%

$225

CapEx

5%

$112

Vacancy

6%

$135

Maintenance

5%

$112

Other

0%

$0

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