REI Lense

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$2,256 (target)

708 Holiday Cv, Hernando, MS 38632

3 beds • 2 baths • 1964 sqft

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This property looks like a bad Long-Term investment with a projected -4.7% first-year return on $68,229 initial cash invested.

-4.7%

Cash On Cash

5.66%

Cap Rate

0.91

DSCR

$2,256

Rent

-$267

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,256 income − $2,523 expenses = $267 out of pocket

Income$2,256Out of Pocket$267Mortgage P&I$1,68675%Property Taxes$934%Insurance$1155%HOA$422%Management$22610%CapEx$1135%Vacancy$1356%Maintenance$1135%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,229

Downpayment

20%

$64,980

Closing costs

1%

$3,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,256

Total Expenses

$2,523

Mortgage P&I

75%

$1,686

Property Taxes

4%

$93

Home Insurance

5%

$115

HOA

2%

$42

Property Management

10%

$226

CapEx

5%

$113

Vacancy

6%

$135

Maintenance

5%

$113

Other

0%

$0

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