REI Lense

REI Lense

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$2,627 (target)

517 Las Cruces Dr, Irving, TX 75063

3 beds • 3 baths • 1635 sqft

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This property looks like a bad Long-Term investment with a projected -12.35% first-year return on $84,420 initial cash invested.

-12.35%

Cash On Cash

3.83%

Cap Rate

0.64

DSCR

$2,627

Rent

-$869

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,627 income − $3,496 expenses = $869 out of pocket

Income$2,627Out of Pocket$869Mortgage P&I$2,02277%Property Taxes$58222%Insurance$1456%HOA$642%Management$26310%CapEx$1315%Vacancy$1586%Maintenance$1315%

Investment Breakdown

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Purchase Price

$402k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,420

Downpayment

20%

$80,400

Closing costs

1%

$4,020

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,627

Total Expenses

$3,496

Mortgage P&I

77%

$2,022

Property Taxes

22%

$582

Home Insurance

6%

$145

HOA

2%

$64

Property Management

10%

$263

CapEx

5%

$131

Vacancy

6%

$158

Maintenance

5%

$131

Other

0%

$0

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