REI Lense

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$1,859 (target)

9422 Braman Pt, Converse, TX 78109

3 beds • 3 baths • 1955 sqft

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This property looks like a bad Long-Term investment with a projected -17.32% first-year return on $67,198 initial cash invested.

-17.32%

Cash On Cash

3.1%

Cap Rate

0.49

DSCR

$1,859

Rent

-$970

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,859 income − $2,829 expenses = $970 out of pocket

Income$1,859Out of Pocket$970Mortgage P&I$1,70492%Property Taxes$49126%Insurance$1126%HOA$382%Management$18610%CapEx$935%Vacancy$1126%Maintenance$935%

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,198

Downpayment

20%

$63,998

Closing costs

1%

$3,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,859

Total Expenses

$2,829

Mortgage P&I

92%

$1,704

Property Taxes

26%

$491

Home Insurance

6%

$112

HOA

2%

$38

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

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