REI Lense

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$3,242 (target)

6500 Hughes Dr, Watauga, TX 76148

3 beds • 2 baths • 1715 sqft

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This property looks like a bad Mid-Term investment with a projected -1.32% first-year return on $86,376 initial cash invested.

-1.32%

Cash On Cash

6.14%

Cap Rate

1.02

DSCR

$3,242

Rent

-$95

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,242 income − $3,337 expenses = $95 out of pocket

Income$3,242Out of Pocket$95Mortgage P&I$1,63150%Property Taxes$48715%Insurance$1164%Management$38912%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35711%

Investment Breakdown

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Purchase Price

$326k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,376

Downpayment

20%

$65,120

Closing costs

1%

$3,256

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,242

Total Expenses

$3,337

Mortgage P&I

50%

$1,631

Property Taxes

15%

$487

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$389

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$357

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