REI Lense

REI Lense

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$3,356 (target)

7315 Boerne Creek Dr, Richmond, TX 77407

3 beds • 2 baths • 2193 sqft

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This property looks like a bad Mid-Term investment with a projected -4.8% first-year return on $86,523 initial cash invested.

-4.8%

Cash On Cash

5.29%

Cap Rate

0.87

DSCR

$3,356

Rent

-$346

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,356 income − $3,702 expenses = $346 out of pocket

Income$3,356Out of Pocket$346Mortgage P&I$1,65049%Property Taxes$72222%Insurance$1163%HOA$732%Management$40312%CapEx$1344%Vacancy$1013%Maintenance$1344%Other$36911%

Investment Breakdown

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Purchase Price

$326k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,523

Downpayment

20%

$65,260

Closing costs

1%

$3,263

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,356

Total Expenses

$3,702

Mortgage P&I

49%

$1,650

Property Taxes

22%

$722

Home Insurance

3%

$116

HOA

2%

$73

Property Management

12%

$403

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$369

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