REI Lense

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$1,923 (target)

126 Poor Man Rd, Lucedale, MS 39452

3 beds • 2 baths • 1997 sqft

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This property looks like a bad Mid-Term investment with a projected -7.38% first-year return on $80,790 initial cash invested.

-7.38%

Cash On Cash

4.58%

Cap Rate

0.73

DSCR

$1,923

Rent

-$497

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,923 income − $2,420 expenses = $497 out of pocket

Income$1,923Out of Pocket$497Mortgage P&I$1,56181%Property Taxes$995%Insurance$1055%Management$23112%CapEx$774%Vacancy$583%Maintenance$774%Other$21211%

Investment Breakdown

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Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,790

Downpayment

20%

$59,800

Closing costs

1%

$2,990

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,923

Total Expenses

$2,420

Mortgage P&I

81%

$1,561

Property Taxes

5%

$99

Home Insurance

5%

$105

HOA

0%

$0

Property Management

12%

$231

CapEx

4%

$77

Vacancy

3%

$58

Maintenance

4%

$77

Other

11%

$212

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