REI Lense

REI Lense

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$2,806 (target)

829 Boardwalk Way, Little Elm, TX 76227

3 beds • 3 baths • 2639 sqft

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This property looks like a bad Long-Term investment with a projected -20.69% first-year return on $114k initial cash invested.

-20.69%

Cash On Cash

1.83%

Cap Rate

0.31

DSCR

$2,806

Rent

-$1,973

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$545k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$109k

Closing costs

1%

$5,450

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,806

Total Expenses

$4,779

Mortgage P&I

95%

$2,666

Property Taxes

38%

$1,061

Home Insurance

7%

$191

HOA

5%

$132

Property Management

10%

$281

CapEx

5%

$140

Vacancy

6%

$168

Maintenance

5%

$140

Other

0%

$0

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