REI Lense

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$1,669 (target)

14040 Marie Rd, Gulfport, MS 39503

3 beds • 2 baths • 1566 sqft

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This property looks like a bad Long-Term investment with a projected -1.75% first-year return on $47,250 initial cash invested.

-1.75%

Cash On Cash

6.17%

Cap Rate

1.01

DSCR

$1,669

Rent

-$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,669 income − $1,738 expenses = $69 out of pocket

Income$1,669Out of Pocket$69Mortgage P&I$1,14268%Property Taxes$845%Insurance$795%Management$16710%CapEx$835%Vacancy$1006%Maintenance$835%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,669

Total Expenses

$1,738

Mortgage P&I

68%

$1,142

Property Taxes

5%

$84

Home Insurance

5%

$79

HOA

0%

$0

Property Management

10%

$167

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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