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$3,842 (target)

708 Laney Dr, Clinton, MS 39056

3 beds • 2 baths • 2207 sqft

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This property could be a profitable Mid-Term investment with a projected 12.78% first-year return on $77,850 initial cash invested.

12.78%

Cash On Cash

10.4%

Cap Rate

1.66

DSCR

$3,842

Rent

$829

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,842 income − $3,013 expenses = $829 cash flow

Income$3,842Mortgage P&I$1,48839%Property Taxes$1183%Insurance$1003%Management$46112%CapEx$1544%Vacancy$1153%Maintenance$1544%Other$42311%Cash Flow$829

Investment Breakdown

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Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,850

Downpayment

20%

$57,000

Closing costs

1%

$2,850

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,842

Total Expenses

$3,013

Mortgage P&I

39%

$1,488

Property Taxes

3%

$118

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$461

CapEx

4%

$154

Vacancy

3%

$115

Maintenance

4%

$154

Other

11%

$423

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