REI Lense

REI Lense

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$1,586 (target)

537 Gilmore Way, El Paso, TX 79907

3 beds • 2 baths • 1375 sqft

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This property looks like a bad Long-Term investment with a projected -11.7% first-year return on $44,100 initial cash invested.

-11.7%

Cash On Cash

4.47%

Cap Rate

0.69

DSCR

$1,586

Rent

-$430

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,586 income − $2,016 expenses = $430 out of pocket

Income$1,586Out of Pocket$430Mortgage P&I$1,13371%Property Taxes$39725%Insurance$745%Management$15910%CapEx$795%Vacancy$956%Maintenance$795%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,100

Downpayment

20%

$42,000

Closing costs

1%

$2,100

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,586

Total Expenses

$2,016

Mortgage P&I

71%

$1,133

Property Taxes

25%

$397

Home Insurance

5%

$74

HOA

0%

$0

Property Management

10%

$159

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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