REI Lense

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$2,314 (target)

808 Chestnut Grove Dr, Cleburne, TX 76033

3 beds • 2 baths • 2074 sqft

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This property looks like a bad Long-Term investment with a projected -13.37% first-year return on $74,739 initial cash invested.

-13.37%

Cash On Cash

3.54%

Cap Rate

0.59

DSCR

$2,314

Rent

-$833

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,314 income − $3,147 expenses = $833 out of pocket

Income$2,314Out of Pocket$833Mortgage P&I$1,76876%Property Taxes$63427%Insurance$1265%HOA$171%Management$23110%CapEx$1165%Vacancy$1396%Maintenance$1165%

Investment Breakdown

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Purchase Price

$356k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,739

Downpayment

20%

$71,180

Closing costs

1%

$3,559

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,314

Total Expenses

$3,147

Mortgage P&I

76%

$1,768

Property Taxes

27%

$634

Home Insurance

5%

$126

HOA

1%

$17

Property Management

10%

$231

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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