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$2,532 (target)

322 Lorraine Ave, Pass Christian, MS 39571

3 beds • 2 baths • 1252 sqft

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This property could be a profitable Mid-Term investment with a projected 10.14% first-year return on $57,858 initial cash invested.

10.14%

Cash On Cash

10.21%

Cap Rate

1.58

DSCR

$2,532

Rent

$489

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,532 income − $2,043 expenses = $489 cash flow

Income$2,532Mortgage P&I$1,02540%Property Taxes$894%Insurance$683%Management$30412%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27911%Cash Flow$489

Investment Breakdown

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Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,858

Downpayment

20%

$37,960

Closing costs

1%

$1,898

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,532

Total Expenses

$2,043

Mortgage P&I

40%

$1,025

Property Taxes

4%

$89

Home Insurance

3%

$68

HOA

0%

$0

Property Management

12%

$304

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$279

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