REI Lense

REI Lense

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$1,395 (target)

7 Margie Watkins Rd, Petal, MS 39465

3 beds • 2 baths • sqft

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This property looks like a bad Long-Term investment with a projected -3.94% first-year return on $41,454 initial cash invested.

-3.94%

Cash On Cash

5.96%

Cap Rate

0.94

DSCR

$1,395

Rent

-$136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$197k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,454

Downpayment

20%

$39,480

Closing costs

1%

$1,974

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,395

Total Expenses

$1,531

Mortgage P&I

75%

$1,047

Property Taxes

4%

$50

Home Insurance

5%

$70

HOA

0%

$0

Property Management

10%

$140

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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