REI Lense

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$2,256 (target)

14246 Creekwood Cv, Gulfport, MS 39503

3 beds • 2 baths • 1495 sqft

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This property looks like a bad Mid-Term investment with a projected -0.53% first-year return on $65,355 initial cash invested.

-0.53%

Cash On Cash

6.88%

Cap Rate

1.05

DSCR

$2,256

Rent

-$29

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,256 income − $2,285 expenses = $29 out of pocket

Income$2,256Out of Pocket$29Mortgage P&I$1,23155%Property Taxes$2079%Insurance$804%Management$27112%CapEx$904%Vacancy$683%Maintenance$904%Other$24811%

Investment Breakdown

|

Purchase Price

$226k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,355

Downpayment

20%

$45,100

Closing costs

1%

$2,255

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,256

Total Expenses

$2,285

Mortgage P&I

55%

$1,231

Property Taxes

9%

$207

Home Insurance

4%

$80

HOA

0%

$0

Property Management

12%

$271

CapEx

4%

$90

Vacancy

3%

$68

Maintenance

4%

$90

Other

11%

$248

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