REI Lense

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$2,806 (target)

618 Mount Vernon Rd, Columbus, MS 39702

3 beds • 2 baths • 1836 sqft

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This property might be a fair Mid-Term investment with a projected 5.86% first-year return on $73,566 initial cash invested.

5.86%

Cash On Cash

8.1%

Cap Rate

1.36

DSCR

$2,806

Rent

$359

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,806 income − $2,447 expenses = $359 cash flow

Income$2,806Mortgage P&I$1,31547%Property Taxes$843%Insurance$943%Management$33712%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30911%Cash Flow$359

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,566

Downpayment

20%

$52,920

Closing costs

1%

$2,646

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,806

Total Expenses

$2,447

Mortgage P&I

47%

$1,315

Property Taxes

3%

$84

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$337

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$309

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