REI Lense

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$3,212 (target)

831 Easy St, La Porte, TX 77571

3 beds • 2 baths • 1568 sqft

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This property looks like a bad Mid-Term investment with a projected -0.79% first-year return on $98,850 initial cash invested.

-0.79%

Cash On Cash

6.47%

Cap Rate

1.03

DSCR

$3,212

Rent

-$65

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,212 income − $3,277 expenses = $65 out of pocket

Income$3,212Out of Pocket$65Mortgage P&I$2,01463%Property Taxes$381%Insurance$1354%Management$38512%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35311%

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,850

Downpayment

20%

$77,000

Closing costs

1%

$3,850

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,212

Total Expenses

$3,277

Mortgage P&I

63%

$2,014

Property Taxes

1%

$38

Home Insurance

4%

$135

HOA

0%

$0

Property Management

12%

$385

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$353

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