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$2,986 (target)

8955 New Light Rd, Starkville, MS 39759

3 beds • 2 baths • 1459 sqft

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This property might be a fair Mid-Term investment with a projected 2.98% first-year return on $80,895 initial cash invested.

2.98%

Cash On Cash

7.34%

Cap Rate

1.21

DSCR

$2,986

Rent

$201

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,986 income − $2,785 expenses = $201 cash flow

Income$2,986Mortgage P&I$1,51151%Property Taxes$1515%Insurance$1094%Management$35812%CapEx$1194%Vacancy$903%Maintenance$1194%Other$32811%Cash Flow$201

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,895

Downpayment

20%

$59,900

Closing costs

1%

$2,995

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,986

Total Expenses

$2,785

Mortgage P&I

51%

$1,511

Property Taxes

5%

$151

Home Insurance

4%

$109

HOA

0%

$0

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$90

Maintenance

4%

$119

Other

11%

$328

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