REI Lense

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$2,161 (target)

6500 Hughes Dr, Watauga, TX 76148

3 beds • 2 baths • 1715 sqft

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This property looks like a bad Long-Term investment with a projected -11.14% first-year return on $68,376 initial cash invested.

-11.14%

Cash On Cash

4.07%

Cap Rate

0.68

DSCR

$2,161

Rent

-$635

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,161 income − $2,796 expenses = $635 out of pocket

Income$2,161Out of Pocket$635Mortgage P&I$1,63175%Property Taxes$48723%Insurance$1165%Management$21610%CapEx$1085%Vacancy$1306%Maintenance$1085%

Investment Breakdown

|

Purchase Price

$326k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,376

Downpayment

20%

$65,120

Closing costs

1%

$3,256

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,161

Total Expenses

$2,796

Mortgage P&I

75%

$1,631

Property Taxes

23%

$487

Home Insurance

5%

$116

HOA

0%

$0

Property Management

10%

$216

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

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