REI Lense

REI Lense

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$2,850 (target)

5106 Village Springs Dr, Humble, TX 77339

3 beds • 2 baths • 1710 sqft

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This property might be a fair Mid-Term investment with a projected 1.21% first-year return on $70,479 initial cash invested.

1.21%

Cash On Cash

7.08%

Cap Rate

1.14

DSCR

$2,850

Rent

$71

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

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,850

Total Expenses

$2,779

Mortgage P&I

45%

$1,289

Property Taxes

14%

$397

Home Insurance

3%

$88

HOA

1%

$35

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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