REI Lense

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$1,762 (target)

7003 Condor Way, Missouri City, TX 77489

3 beds • 2 baths • 1688 sqft

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This property looks like a bad Long-Term investment with a projected -2.89% first-year return on $39,900 initial cash invested.

-2.89%

Cash On Cash

6.14%

Cap Rate

0.99

DSCR

$1,762

Rent

-$96

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,762 income − $1,858 expenses = $96 out of pocket

Income$1,762Out of Pocket$96Mortgage P&I$98056%Property Taxes$35420%Insurance$664%Management$17610%CapEx$885%Vacancy$1066%Maintenance$885%

Investment Breakdown

|

Purchase Price

$190k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,900

Downpayment

20%

$38,000

Closing costs

1%

$1,900

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,762

Total Expenses

$1,858

Mortgage P&I

56%

$980

Property Taxes

20%

$354

Home Insurance

4%

$66

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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