REI Lense

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$3,558 (target)

541 Nolan Rd, Royse City, TX 75189

3 beds • 2 baths • 1740 sqft

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This property looks like a bad Mid-Term investment with a projected -4.99% first-year return on $102k initial cash invested.

-4.99%

Cash On Cash

5.35%

Cap Rate

0.86

DSCR

$3,558

Rent

-$425

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,558 income − $3,983 expenses = $425 out of pocket

Income$3,558Out of Pocket$425Mortgage P&I$2,07058%Property Taxes$48114%Insurance$1404%HOA$832%Management$42712%CapEx$1424%Vacancy$1073%Maintenance$1424%Other$39111%

Investment Breakdown

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Purchase Price

$401k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,185

Closing costs

1%

$4,009

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,558

Total Expenses

$3,983

Mortgage P&I

58%

$2,070

Property Taxes

14%

$481

Home Insurance

4%

$140

HOA

2%

$83

Property Management

12%

$427

CapEx

4%

$142

Vacancy

3%

$107

Maintenance

4%

$142

Other

11%

$391

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