REI Lense

REI Lense

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$1,651 (target)

410 Flenniken St, Gladewater, TX 75647

3 beds • 2 baths • 1609 sqft

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This property looks like a bad Long-Term investment with a projected -5.42% first-year return on $52,479 initial cash invested.

-5.42%

Cash On Cash

5.5%

Cap Rate

0.88

DSCR

$1,651

Rent

-$237

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,651

Total Expenses

$1,888

Mortgage P&I

79%

$1,299

Property Taxes

4%

$71

Home Insurance

5%

$88

HOA

0%

$0

Property Management

10%

$165

CapEx

5%

$83

Vacancy

6%

$99

Maintenance

5%

$83

Other

0%

$0

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