REI Lense

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$3,216 (target)

9814 Common Law, Converse, TX 78109

3 beds • 2 baths • 2284 sqft

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This property looks like a bad Mid-Term investment with a projected -1.73% first-year return on $74,847 initial cash invested.

-1.73%

Cash On Cash

6.79%

Cap Rate

1.01

DSCR

$3,216

Rent

-$108

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,216 income − $3,324 expenses = $108 out of pocket

Income$3,216Out of Pocket$108Mortgage P&I$1,51047%Property Taxes$54917%Insurance$963%HOA$752%Management$38612%CapEx$1294%Vacancy$963%Maintenance$1294%Other$35411%

Investment Breakdown

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Purchase Price

$271k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,847

Downpayment

20%

$54,140

Closing costs

1%

$2,707

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,216

Total Expenses

$3,324

Mortgage P&I

47%

$1,510

Property Taxes

17%

$549

Home Insurance

3%

$96

HOA

2%

$75

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$96

Maintenance

4%

$129

Other

11%

$354

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