REI Lense

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$1,664 (target)

917 Laurel St, La Marque, TX 77568

3 beds • 2 baths • 1352 sqft

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This property might be a fair Long-Term investment with a projected 4.72% first-year return on $31,500 initial cash invested.

4.72%

Cash On Cash

7.85%

Cap Rate

1.27

DSCR

$1,664

Rent

$124

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,664 income − $1,540 expenses = $124 cash flow

Income$1,664Mortgage P&I$77447%Property Taxes$28217%Insurance$523%Management$16610%CapEx$835%Vacancy$1006%Maintenance$835%Cash Flow$124

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,664

Total Expenses

$1,540

Mortgage P&I

47%

$774

Property Taxes

17%

$282

Home Insurance

3%

$52

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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