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$2,958 (target)

1602 Tanglewood Dr, Clinton, MS 39056

3 beds • 2 baths • 2012 sqft

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This property could be a profitable Mid-Term investment with a projected 10.41% first-year return on $67,203 initial cash invested.

10.41%

Cash On Cash

9.74%

Cap Rate

1.58

DSCR

$2,958

Rent

$583

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,958 income − $2,375 expenses = $583 cash flow

Income$2,958Mortgage P&I$1,20141%Property Taxes$843%Insurance$853%Management$35512%CapEx$1184%Vacancy$893%Maintenance$1184%Other$32511%Cash Flow$583

Investment Breakdown

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Purchase Price

$234k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,203

Downpayment

20%

$46,860

Closing costs

1%

$2,343

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,958

Total Expenses

$2,375

Mortgage P&I

41%

$1,201

Property Taxes

3%

$84

Home Insurance

3%

$85

HOA

0%

$0

Property Management

12%

$355

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$325

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