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$2,924 (target)

8709 Arendale Dr, Southaven, MS 38671

3 beds • 2 baths • 1646 sqft

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This property might be a fair Mid-Term investment with a projected 5.19% first-year return on $76,275 initial cash invested.

5.19%

Cash On Cash

8.16%

Cap Rate

1.31

DSCR

$2,924

Rent

$330

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,924 income − $2,594 expenses = $330 cash flow

Income$2,924Mortgage P&I$1,44049%Property Taxes$612%Insurance$983%Management$35112%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32211%Cash Flow$330

Investment Breakdown

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Purchase Price

$278k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,275

Downpayment

20%

$55,500

Closing costs

1%

$2,775

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,924

Total Expenses

$2,594

Mortgage P&I

49%

$1,440

Property Taxes

2%

$61

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$351

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

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