REI Lense

REI Lense

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$1,876 (target)

512 Park Center Blvd, Saginaw, TX 76179

3 beds • 2 baths • 1320 sqft

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This property looks like a bad Long-Term investment with a projected -8.53% first-year return on $49,371 initial cash invested.

-8.53%

Cash On Cash

4.96%

Cap Rate

0.79

DSCR

$1,876

Rent

-$351

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,876 income − $2,227 expenses = $351 out of pocket

Income$1,876Out of Pocket$351Mortgage P&I$1,22966%Property Taxes$42523%Insurance$844%Management$18810%CapEx$945%Vacancy$1136%Maintenance$945%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,371

Downpayment

20%

$47,020

Closing costs

1%

$2,351

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,876

Total Expenses

$2,227

Mortgage P&I

66%

$1,229

Property Taxes

23%

$425

Home Insurance

4%

$84

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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