REI Lense

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$2,254 (target)

608 Ogilsvie Dr, Petal, MS 39465

3 beds • 2 baths • 1615 sqft

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This property looks like a bad Mid-Term investment with a projected -1.43% first-year return on $67,350 initial cash invested.

-1.43%

Cash On Cash

6.68%

Cap Rate

1.01

DSCR

$2,254

Rent

-$80

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,254 income − $2,334 expenses = $80 out of pocket

Income$2,254Out of Pocket$80Mortgage P&I$1,29858%Property Taxes$1888%Insurance$824%Management$27012%CapEx$904%Vacancy$683%Maintenance$904%Other$24811%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,254

Total Expenses

$2,334

Mortgage P&I

58%

$1,298

Property Taxes

8%

$188

Home Insurance

4%

$82

HOA

0%

$0

Property Management

12%

$270

CapEx

4%

$90

Vacancy

3%

$68

Maintenance

4%

$90

Other

11%

$248

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