REI Lense

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$2,496 (target)

917 Laurel St, La Marque, TX 77568

3 beds • 2 baths • 1352 sqft

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This property could be a profitable Mid-Term investment with a projected 13.04% first-year return on $49,500 initial cash invested.

13.04%

Cash On Cash

11.3%

Cap Rate

1.82

DSCR

$2,496

Rent

$538

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,496 income − $1,958 expenses = $538 cash flow

Income$2,496Mortgage P&I$77431%Property Taxes$28211%Insurance$522%Management$30012%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27511%Cash Flow$538

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,496

Total Expenses

$1,958

Mortgage P&I

31%

$774

Property Taxes

11%

$282

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$300

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$275

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