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$3,626 (target)

17242 Spring Lake Dr E, Vancleave, MS 39565

3 beds • 2 baths • 2179 sqft

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This property looks like a bad Mid-Term investment with a projected -9.66% first-year return on $140k initial cash invested.

-9.66%

Cash On Cash

4.13%

Cap Rate

0.67

DSCR

$3,626

Rent

-$1,129

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,626 income − $4,755 expenses = $1,129 out of pocket

Income$3,626Out of Pocket$1,129Mortgage P&I$2,98982%Property Taxes$3339%Insurance$2006%Management$43512%CapEx$1454%Vacancy$1093%Maintenance$1454%Other$39911%

Investment Breakdown

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Purchase Price

$582k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,819

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,626

Total Expenses

$4,755

Mortgage P&I

82%

$2,989

Property Taxes

9%

$333

Home Insurance

6%

$200

HOA

0%

$0

Property Management

12%

$435

CapEx

4%

$145

Vacancy

3%

$109

Maintenance

4%

$145

Other

11%

$399

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