REI Lense

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$1,864 (target)

1106 Shirley Dr, Gulfport, MS 39503

3 beds • 2 baths • 1131 sqft

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This property might be a fair Mid-Term investment with a projected 9.12% first-year return on $47,526 initial cash invested.

9.12%

Cash On Cash

10.26%

Cap Rate

1.57

DSCR

$1,864

Rent

$361

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,864 income − $1,503 expenses = $361 cash flow

Income$1,864Mortgage P&I$76641%Property Taxes$553%Insurance$473%Management$22412%CapEx$754%Vacancy$563%Maintenance$754%Other$20511%Cash Flow$361

Investment Breakdown

|

Purchase Price

$141k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,526

Downpayment

20%

$28,120

Closing costs

1%

$1,406

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,864

Total Expenses

$1,503

Mortgage P&I

41%

$766

Property Taxes

3%

$55

Home Insurance

3%

$47

HOA

0%

$0

Property Management

12%

$224

CapEx

4%

$75

Vacancy

3%

$56

Maintenance

4%

$75

Other

11%

$205

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