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$2,038 (target)

147 Main St, Tupelo, MS 38801

3 beds • 2 baths • 1644 sqft

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This property might be a fair Mid-Term investment with a projected 9.53% first-year return on $49,500 initial cash invested.

9.53%

Cash On Cash

10.43%

Cap Rate

1.57

DSCR

$2,038

Rent

$393

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,038 income − $1,645 expenses = $393 cash flow

Income$2,038Mortgage P&I$82941%Property Taxes$703%Insurance$523%Management$24512%CapEx$824%Vacancy$613%Maintenance$824%Other$22411%Cash Flow$393

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,038

Total Expenses

$1,645

Mortgage P&I

41%

$829

Property Taxes

3%

$70

Home Insurance

3%

$52

HOA

0%

$0

Property Management

12%

$245

CapEx

4%

$82

Vacancy

3%

$61

Maintenance

4%

$82

Other

11%

$224

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