REI Lense

REI Lense

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$2,206 (target)

713 County Road 4218, Mount Pleasant, TX 75455

3 beds • 2 baths • 2465 sqft

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This property might be a fair Long-Term investment with a projected 3.89% first-year return on $52,479 initial cash invested.

3.89%

Cash On Cash

7.64%

Cap Rate

1.21

DSCR

$2,206

Rent

$170

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,206 income − $2,036 expenses = $170 cash flow

Income$2,206Mortgage P&I$1,31159%Property Taxes$643%Insurance$884%Management$22110%CapEx$1105%Vacancy$1326%Maintenance$1105%Cash Flow$170

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,206

Total Expenses

$2,036

Mortgage P&I

59%

$1,311

Property Taxes

3%

$64

Home Insurance

4%

$88

HOA

0%

$0

Property Management

10%

$221

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

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