REI Lense

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$1,770 (target)

901 Blue Heron Dr, Princeton, TX 75407

3 beds • 3 baths • 1374 sqft

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This property looks like a bad Long-Term investment with a projected -6.87% first-year return on $51,870 initial cash invested.

-6.87%

Cash On Cash

5.24%

Cap Rate

0.84

DSCR

$1,770

Rent

-$297

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,770 income − $2,067 expenses = $297 out of pocket

Income$1,770Out of Pocket$297Mortgage P&I$1,28873%Property Taxes$19211%Insurance$865%HOA$422%Management$17710%CapEx$885%Vacancy$1066%Maintenance$885%

Investment Breakdown

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Purchase Price

$247k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,870

Downpayment

20%

$49,400

Closing costs

1%

$2,470

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,770

Total Expenses

$2,067

Mortgage P&I

73%

$1,288

Property Taxes

11%

$192

Home Insurance

5%

$86

HOA

2%

$42

Property Management

10%

$177

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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