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$2,748 (target)

551 Buchanan Dr, Jackson, MS 39272

3 beds • 2 baths • 1370 sqft

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This property might be a fair Mid-Term investment with a projected 7.92% first-year return on $63,486 initial cash invested.

7.92%

Cash On Cash

9.48%

Cap Rate

1.45

DSCR

$2,748

Rent

$419

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,748 income − $2,329 expenses = $419 cash flow

Income$2,748Mortgage P&I$1,18243%Property Taxes$1365%Insurance$773%Management$33012%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30211%Cash Flow$419

Investment Breakdown

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Purchase Price

$217k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,486

Downpayment

20%

$43,320

Closing costs

1%

$2,166

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,748

Total Expenses

$2,329

Mortgage P&I

43%

$1,182

Property Taxes

5%

$136

Home Insurance

3%

$77

HOA

0%

$0

Property Management

12%

$330

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

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