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$3,518 (target)

103 Covewood Rd, Brandon, MS 39047

3 beds • 2 baths • 1976 sqft

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This property could be a profitable Mid-Term investment with a projected 10.58% first-year return on $77,577 initial cash invested.

10.58%

Cash On Cash

9.72%

Cap Rate

1.56

DSCR

$3,518

Rent

$684

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,518 income − $2,834 expenses = $684 cash flow

Income$3,518Mortgage P&I$1,47242%Property Taxes$622%Insurance$1033%Management$42212%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38711%Cash Flow$684

Investment Breakdown

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Purchase Price

$284k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,577

Downpayment

20%

$56,740

Closing costs

1%

$2,837

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,518

Total Expenses

$2,834

Mortgage P&I

42%

$1,472

Property Taxes

2%

$62

Home Insurance

3%

$103

HOA

0%

$0

Property Management

12%

$422

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$387

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