REI Lense

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$2,480 (target)

5313 Palm Dr, Dickinson, TX 77539

3 beds • 2 baths • 1648 sqft

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This property looks like a bad Long-Term investment with a projected -1.9% first-year return on $69,636 initial cash invested.

-1.9%

Cash On Cash

6.16%

Cap Rate

1.01

DSCR

$2,480

Rent

-$110

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,480 income − $2,590 expenses = $110 out of pocket

Income$2,480Out of Pocket$110Mortgage P&I$1,68968%Property Taxes$1406%Insurance$1165%Management$24810%CapEx$1245%Vacancy$1496%Maintenance$1245%

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,636

Downpayment

20%

$66,320

Closing costs

1%

$3,316

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,480

Total Expenses

$2,590

Mortgage P&I

68%

$1,689

Property Taxes

6%

$140

Home Insurance

5%

$116

HOA

0%

$0

Property Management

10%

$248

CapEx

5%

$124

Vacancy

6%

$149

Maintenance

5%

$124

Other

0%

$0

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