REI Lense

REI Lense

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$1,426 (target)

729 Morris Rd, Diboll, TX 75941

3 beds • 2 baths • 1583 sqft

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This property looks like a bad Long-Term investment with a projected -12.47% first-year return on $49,770 initial cash invested.

-12.47%

Cash On Cash

4.03%

Cap Rate

0.64

DSCR

$1,426

Rent

-$517

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,426 income − $1,943 expenses = $517 out of pocket

Income$1,426Out of Pocket$517Mortgage P&I$1,24187%Property Taxes$24817%Insurance$836%Management$14310%CapEx$715%Vacancy$866%Maintenance$715%

Investment Breakdown

|

Purchase Price

$237k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,770

Downpayment

20%

$47,400

Closing costs

1%

$2,370

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,426

Total Expenses

$1,943

Mortgage P&I

87%

$1,241

Property Taxes

17%

$248

Home Insurance

6%

$83

HOA

0%

$0

Property Management

10%

$143

CapEx

5%

$71

Vacancy

6%

$86

Maintenance

5%

$71

Other

0%

$0

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