REI Lense

REI Lense

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$2,321 (target)

123 Ferry Dr, Brandon, MS 39047

3 beds • 3 baths • 2045 sqft

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This property might be a fair Long-Term investment with a projected 7.65% first-year return on $47,229 initial cash invested.

7.65%

Cash On Cash

8.77%

Cap Rate

1.34

DSCR

$2,321

Rent

$301

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,321 income − $2,020 expenses = $301 cash flow

Income$2,321Mortgage P&I$1,22753%Property Taxes$1115%Insurance$793%Management$23210%CapEx$1165%Vacancy$1396%Maintenance$1165%Cash Flow$301

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,321

Total Expenses

$2,020

Mortgage P&I

53%

$1,227

Property Taxes

5%

$111

Home Insurance

3%

$79

HOA

0%

$0

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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