REI Lense

REI Lense

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$2,318 (target)

119 Allie Ln, Canton, MS 39046

3 beds • 2 baths • 1574 sqft

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This property might be a fair Long-Term investment with a projected 0.38% first-year return on $59,430 initial cash invested.

0.38%

Cash On Cash

6.62%

Cap Rate

1.09

DSCR

$2,318

Rent

$19

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,318 income − $2,299 expenses = $19 cash flow

Income$2,318Mortgage P&I$1,42762%Property Taxes$1436%Insurance$1004%HOA$261%Management$23210%CapEx$1165%Vacancy$1396%Maintenance$1165%Cash Flow$19

Investment Breakdown

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Purchase Price

$283k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,430

Downpayment

20%

$56,600

Closing costs

1%

$2,830

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,318

Total Expenses

$2,299

Mortgage P&I

62%

$1,427

Property Taxes

6%

$143

Home Insurance

4%

$100

HOA

1%

$26

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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