REI Lense

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$1,943 (target)

513 Mollie Ave, Mount Pleasant, TX 75455

3 beds • 2 baths • 1425 sqft

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This property might be a fair Long-Term investment with a projected 2.67% first-year return on $47,271 initial cash invested.

2.67%

Cash On Cash

7.4%

Cap Rate

1.17

DSCR

$1,943

Rent

$105

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,943 income − $1,838 expenses = $105 cash flow

Income$1,943Mortgage P&I$1,18661%Property Taxes$673%Insurance$804%Management$19410%CapEx$975%Vacancy$1176%Maintenance$975%Cash Flow$105

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,271

Downpayment

20%

$45,020

Closing costs

1%

$2,251

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,943

Total Expenses

$1,838

Mortgage P&I

61%

$1,186

Property Taxes

3%

$67

Home Insurance

4%

$80

HOA

0%

$0

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$117

Maintenance

5%

$97

Other

0%

$0

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