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$2,282 (target)

916 Central Ave, Picayune, MS 39466

3 beds • 2 baths • 1233 sqft

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This property might be a fair Mid-Term investment with a projected 6.6% first-year return on $57,963 initial cash invested.

6.6%

Cash On Cash

9%

Cap Rate

1.4

DSCR

$2,282

Rent

$319

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,282 income − $1,963 expenses = $319 cash flow

Income$2,282Mortgage P&I$1,01745%Property Taxes$1045%Insurance$673%Management$27412%CapEx$914%Vacancy$683%Maintenance$914%Other$25111%Cash Flow$319

Investment Breakdown

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Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,963

Downpayment

20%

$38,060

Closing costs

1%

$1,903

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,282

Total Expenses

$1,963

Mortgage P&I

45%

$1,017

Property Taxes

5%

$104

Home Insurance

3%

$67

HOA

0%

$0

Property Management

12%

$274

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$251

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