REI Lense

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$4,038 (target)

5908 Yacht Club Dr, Rockwall, TX 75032

3 beds • 2 baths • 2149 sqft

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This property looks like a bad Mid-Term investment with a projected -7.47% first-year return on $120k initial cash invested.

-7.47%

Cash On Cash

4.59%

Cap Rate

0.76

DSCR

$4,038

Rent

-$745

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,038 income − $4,783 expenses = $745 out of pocket

Income$4,038Out of Pocket$745Mortgage P&I$2,43660%Property Taxes$54814%Insurance$1754%HOA$2506%Management$48512%CapEx$1624%Vacancy$1213%Maintenance$1624%Other$44411%

Investment Breakdown

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Purchase Price

$484k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$96,880

Closing costs

1%

$4,844

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,038

Total Expenses

$4,783

Mortgage P&I

60%

$2,436

Property Taxes

14%

$548

Home Insurance

4%

$175

HOA

6%

$250

Property Management

12%

$485

CapEx

4%

$162

Vacancy

3%

$121

Maintenance

4%

$162

Other

11%

$444

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