REI Lense

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$1,687 (target)

1706 W Linden St, Corinth, MS 38834

3 beds • 2 baths • 4758 sqft

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This property could be a profitable Long-Term investment with a projected 10.36% first-year return on $33,579 initial cash invested.

10.36%

Cash On Cash

9.11%

Cap Rate

1.45

DSCR

$1,687

Rent

$290

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,687 income − $1,397 expenses = $290 cash flow

Income$1,687Mortgage P&I$84050%Property Taxes$634%Insurance$563%Management$16910%CapEx$845%Vacancy$1016%Maintenance$845%Cash Flow$290

Investment Breakdown

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Purchase Price

$160k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,579

Downpayment

20%

$31,980

Closing costs

1%

$1,599

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,687

Total Expenses

$1,397

Mortgage P&I

50%

$840

Property Taxes

4%

$63

Home Insurance

3%

$56

HOA

0%

$0

Property Management

10%

$169

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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