REI Lense

REI Lense

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$1,602 (target)

732 Dunaway Ln, Azle, TX 76020

3 beds • 2 baths • 1324 sqft

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This property looks like a bad Long-Term investment with a projected -9.9% first-year return on $49,434 initial cash invested.

-9.9%

Cash On Cash

4.65%

Cap Rate

0.74

DSCR

$1,602

Rent

-$408

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,602 income − $2,010 expenses = $408 out of pocket

Income$1,602Out of Pocket$408Mortgage P&I$1,24077%Property Taxes$27017%Insurance$845%Management$16010%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,434

Downpayment

20%

$47,080

Closing costs

1%

$2,354

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,602

Total Expenses

$2,010

Mortgage P&I

77%

$1,240

Property Taxes

17%

$270

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$160

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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