REI Lense

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$2,643 (target)

9810 Shimmering Lakes Dr, Rosharon, TX 77583

3 beds • 2 baths • 1916 sqft

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This property looks like a bad Long-Term investment with a projected -6.88% first-year return on $56,690 initial cash invested.

-6.88%

Cash On Cash

5.05%

Cap Rate

0.85

DSCR

$2,643

Rent

-$325

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,643 income − $2,968 expenses = $325 out of pocket

Income$2,643Out of Pocket$325Mortgage P&I$1,33050%Property Taxes$71527%Insurance$944%HOA$1425%Management$26410%CapEx$1325%Vacancy$1596%Maintenance$1325%

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,690

Downpayment

20%

$53,990

Closing costs

1%

$2,700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,643

Total Expenses

$2,968

Mortgage P&I

50%

$1,330

Property Taxes

27%

$715

Home Insurance

4%

$94

HOA

5%

$142

Property Management

10%

$264

CapEx

5%

$132

Vacancy

6%

$159

Maintenance

5%

$132

Other

0%

$0

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