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$3,339 (target)

138 Lafitte Dr, Waveland, MS 39576

3 beds • 2 baths • 1442 sqft

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This property looks like a bad Mid-Term investment with a projected -6.8% first-year return on $116k initial cash invested.

-6.8%

Cash On Cash

4.91%

Cap Rate

0.78

DSCR

$3,339

Rent

-$655

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,339 income − $3,994 expenses = $655 out of pocket

Income$3,339Out of Pocket$655Mortgage P&I$2,42072%Property Taxes$2728%Insurance$1665%Management$40112%CapEx$1344%Vacancy$1003%Maintenance$1344%Other$36711%

Investment Breakdown

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Purchase Price

$465k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$92,900

Closing costs

1%

$4,645

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,339

Total Expenses

$3,994

Mortgage P&I

72%

$2,420

Property Taxes

8%

$272

Home Insurance

5%

$166

HOA

0%

$0

Property Management

12%

$401

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$367

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