REI Lense

REI Lense

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$2,237 (target)

7315 Boerne Creek Dr, Richmond, TX 77407

3 beds • 2 baths • 2193 sqft

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This property looks like a bad Long-Term investment with a projected -15.87% first-year return on $68,523 initial cash invested.

-15.87%

Cash On Cash

3.15%

Cap Rate

0.52

DSCR

$2,237

Rent

-$906

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,237 income − $3,143 expenses = $906 out of pocket

Income$2,237Out of Pocket$906Mortgage P&I$1,65074%Property Taxes$72232%Insurance$1165%HOA$733%Management$22410%CapEx$1125%Vacancy$1346%Maintenance$1125%

Investment Breakdown

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Purchase Price

$326k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,523

Downpayment

20%

$65,260

Closing costs

1%

$3,263

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,237

Total Expenses

$3,143

Mortgage P&I

74%

$1,650

Property Taxes

32%

$722

Home Insurance

5%

$116

HOA

3%

$73

Property Management

10%

$224

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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