REI Lense

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$1,546 (target)

91 Hulon Hall Ct, Cleveland, TX 77328

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Long-Term investment with a projected -11.34% first-year return on $56,070 initial cash invested.

-11.34%

Cash On Cash

3.94%

Cap Rate

0.66

DSCR

$1,546

Rent

-$530

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,546 income − $2,076 expenses = $530 out of pocket

Income$1,546Out of Pocket$530Mortgage P&I$1,32986%Property Taxes$25216%Insurance$936%Management$15510%CapEx$775%Vacancy$936%Maintenance$775%

Investment Breakdown

|

Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,070

Downpayment

20%

$53,400

Closing costs

1%

$2,670

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,546

Total Expenses

$2,076

Mortgage P&I

86%

$1,329

Property Taxes

16%

$252

Home Insurance

6%

$93

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$77

Vacancy

6%

$93

Maintenance

5%

$77

Other

0%

$0

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