REI Lense

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$1,399 (target)

1355 Ellisville Blvd, Laurel, MS 39440

3 beds • 2 baths • 2827 sqft

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This property looks like a bad Long-Term investment with a projected -5.94% first-year return on $36,750 initial cash invested.

-5.94%

Cash On Cash

5.7%

Cap Rate

0.88

DSCR

$1,399

Rent

-$182

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,399 income − $1,581 expenses = $182 out of pocket

Income$1,399Out of Pocket$182Mortgage P&I$94367%Property Taxes$21315%Insurance$614%Management$14010%CapEx$705%Vacancy$846%Maintenance$705%

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,750

Downpayment

20%

$35,000

Closing costs

1%

$1,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,399

Total Expenses

$1,581

Mortgage P&I

67%

$943

Property Taxes

15%

$213

Home Insurance

4%

$61

HOA

0%

$0

Property Management

10%

$140

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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