REI Lense

REI Lense

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$2,651 (target)

207 Geneva Blvd, Madison, MS 39110

3 beds • 2 baths • 1962 sqft

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This property looks like a bad Long-Term investment with a projected -4.77% first-year return on $76,209 initial cash invested.

-4.77%

Cash On Cash

5.39%

Cap Rate

0.91

DSCR

$2,651

Rent

-$303

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,651 income − $2,954 expenses = $303 out of pocket

Income$2,651Out of Pocket$303Mortgage P&I$1,80168%Property Taxes$1917%Insurance$1476%HOA$1255%Management$26510%CapEx$1335%Vacancy$1596%Maintenance$1335%

Investment Breakdown

|

Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,209

Downpayment

20%

$72,580

Closing costs

1%

$3,629

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,651

Total Expenses

$2,954

Mortgage P&I

68%

$1,801

Property Taxes

7%

$191

Home Insurance

6%

$147

HOA

5%

$125

Property Management

10%

$265

CapEx

5%

$133

Vacancy

6%

$159

Maintenance

5%

$133

Other

0%

$0

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