REI Lense

REI Lense

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$3,352 (target)

2155 Mount Pleasant Rd, Hernando, MS 38632

3 beds • 3 baths • 3051 sqft

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This property might be a fair Mid-Term investment with a projected 0.4% first-year return on $102k initial cash invested.

0.4%

Cash On Cash

6.34%

Cap Rate

1.09

DSCR

$3,352

Rent

$34

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$398k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,680

Closing costs

1%

$3,984

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,352

Total Expenses

$3,318

Mortgage P&I

58%

$1,936

Property Taxes

2%

$82

Home Insurance

5%

$160

HOA

0%

$0

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$369

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