REI Lense

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$2,176 (target)

197 Lorman Ln, Madison, MS 39110

3 beds • 2 baths • 1954 sqft

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This property looks like a bad Long-Term investment with a projected -15.08% first-year return on $92,715 initial cash invested.

-15.08%

Cash On Cash

3.34%

Cap Rate

0.54

DSCR

$2,176

Rent

-$1,165

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,176 income − $3,341 expenses = $1,165 out of pocket

Income$2,176Out of Pocket$1,165Mortgage P&I$2,286105%Property Taxes$26412%Insurance$1617%HOA$633%Management$21810%CapEx$1095%Vacancy$1316%Maintenance$1095%

Investment Breakdown

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Purchase Price

$442k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,715

Downpayment

20%

$88,300

Closing costs

1%

$4,415

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,176

Total Expenses

$3,341

Mortgage P&I

105%

$2,286

Property Taxes

12%

$264

Home Insurance

7%

$161

HOA

3%

$63

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

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