REI Lense

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$3,429 (target)

46 Lanshire Dr, Texarkana, TX 75503

3 beds • 2 baths • 1800 sqft

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This property might be a fair Mid-Term investment with a projected 2.57% first-year return on $80,895 initial cash invested.

2.57%

Cash On Cash

7.33%

Cap Rate

1.2

DSCR

$3,429

Rent

$173

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,429 income − $3,256 expenses = $173 cash flow

Income$3,429Mortgage P&I$1,51944%Property Taxes$46714%Insurance$1053%Management$41112%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37711%Cash Flow$173

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,895

Downpayment

20%

$59,900

Closing costs

1%

$2,995

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,429

Total Expenses

$3,256

Mortgage P&I

44%

$1,519

Property Taxes

14%

$467

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$411

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$377

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