REI Lense

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$3,976 (target)

207 Geneva Blvd, Madison, MS 39110

3 beds • 2 baths • 1962 sqft

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This property might be a fair Mid-Term investment with a projected 4.6% first-year return on $94,209 initial cash invested.

4.6%

Cash On Cash

7.67%

Cap Rate

1.29

DSCR

$3,976

Rent

$361

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,976 income − $3,615 expenses = $361 cash flow

Income$3,976Mortgage P&I$1,80145%Property Taxes$1915%Insurance$1474%HOA$1253%Management$47712%CapEx$1594%Vacancy$1193%Maintenance$1594%Other$43711%Cash Flow$361

Investment Breakdown

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Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,209

Downpayment

20%

$72,580

Closing costs

1%

$3,629

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,976

Total Expenses

$3,615

Mortgage P&I

45%

$1,801

Property Taxes

5%

$191

Home Insurance

4%

$147

HOA

3%

$125

Property Management

12%

$477

CapEx

4%

$159

Vacancy

3%

$119

Maintenance

4%

$159

Other

11%

$437

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