REI Lense

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$1,473 (target)

232 Mitchell Ave, Jackson, MS 39216

3 beds • 2 baths • 994 sqft

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This property could be a profitable Long-Term investment with a projected 27.37% first-year return on $20,559 initial cash invested.

27.37%

Cash On Cash

12.99%

Cap Rate

2.05

DSCR

$1,473

Rent

$469

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,473 income − $1,004 expenses = $469 cash flow

Income$1,473Mortgage P&I$51735%Property Taxes$705%Insurance$342%Management$14710%CapEx$745%Vacancy$886%Maintenance$745%Cash Flow$469

Investment Breakdown

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Purchase Price

$97,900

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$20,559

Downpayment

20%

$19,580

Closing costs

1%

$979

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,473

Total Expenses

$1,004

Mortgage P&I

35%

$517

Property Taxes

5%

$70

Home Insurance

2%

$34

HOA

0%

$0

Property Management

10%

$147

CapEx

5%

$74

Vacancy

6%

$88

Maintenance

5%

$74

Other

0%

$0

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