REI Lense

REI Lense

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$2,792 (target)

9014 Springcroft Ct, Tomball, TX 77375

3 beds • 2 baths • 2424 sqft

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This property looks like a bad Long-Term investment with a projected -12.71% first-year return on $81,690 initial cash invested.

-12.71%

Cash On Cash

3.78%

Cap Rate

0.63

DSCR

$2,792

Rent

-$865

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,792 income − $3,657 expenses = $865 out of pocket

Income$2,792Out of Pocket$865Mortgage P&I$1,95170%Property Taxes$76427%Insurance$1365%HOA$793%Management$27910%CapEx$1405%Vacancy$1686%Maintenance$1405%

Investment Breakdown

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Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,690

Downpayment

20%

$77,800

Closing costs

1%

$3,890

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,792

Total Expenses

$3,657

Mortgage P&I

70%

$1,951

Property Taxes

27%

$764

Home Insurance

5%

$136

HOA

3%

$79

Property Management

10%

$279

CapEx

5%

$140

Vacancy

6%

$168

Maintenance

5%

$140

Other

0%

$0

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