REI Lense

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$1,318 (target)

1841 Brookhaven Dr, Southaven, MS 38671

3 beds • 2 baths • 1282 sqft

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This property might be a fair Long-Term investment with a projected 8.39% first-year return on $28,329 initial cash invested.

8.39%

Cash On Cash

8.83%

Cap Rate

1.36

DSCR

$1,318

Rent

$198

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,318 income − $1,120 expenses = $198 cash flow

Income$1,318Mortgage P&I$72955%Property Taxes$1Insurance$474%Management$13210%CapEx$665%Vacancy$796%Maintenance$665%Cash Flow$198

Investment Breakdown

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Purchase Price

$135k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,329

Downpayment

20%

$26,980

Closing costs

1%

$1,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,318

Total Expenses

$1,120

Mortgage P&I

55%

$729

Property Taxes

0%

$1

Home Insurance

4%

$47

HOA

0%

$0

Property Management

10%

$132

CapEx

5%

$66

Vacancy

6%

$79

Maintenance

5%

$66

Other

0%

$0

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