REI Lense

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$3,054 (target)

7712 Alexanders Crossing Dr, Olive Branch, MS 38654

3 beds • 2 baths • 1681 sqft

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This property might be a fair Mid-Term investment with a projected 6.04% first-year return on $75,750 initial cash invested.

6.04%

Cash On Cash

8.26%

Cap Rate

1.36

DSCR

$3,054

Rent

$381

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,054 income − $2,673 expenses = $381 cash flow

Income$3,054Mortgage P&I$1,39146%Property Taxes$1445%Insurance$963%HOA$4Management$36612%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33611%Cash Flow$381

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,054

Total Expenses

$2,673

Mortgage P&I

46%

$1,391

Property Taxes

5%

$144

Home Insurance

3%

$96

HOA

0%

$4

Property Management

12%

$366

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$336

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