REI Lense

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$3,726 (target)

9558 Louis Phillip St, Magnolia, TX 77354

3 beds • 3 baths • 2350 sqft

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This property might be a fair Mid-Term investment with a projected 0.2% first-year return on $84,150 initial cash invested.

0.2%

Cash On Cash

6.58%

Cap Rate

1.1

DSCR

$3,726

Rent

$14

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,726 income − $3,712 expenses = $14 cash flow

Income$3,726Mortgage P&I$1,56542%Property Taxes$72820%Insurance$1103%HOA$421%Management$44712%CapEx$1494%Vacancy$1123%Maintenance$1494%Other$41011%Cash Flow$14

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,726

Total Expenses

$3,712

Mortgage P&I

42%

$1,565

Property Taxes

20%

$728

Home Insurance

3%

$110

HOA

1%

$42

Property Management

12%

$447

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$410

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