REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,389 (target)

2228 N 1st Ave, Laurel, MS 39440

3 beds • 2 baths • sqft

Email

This property might be a fair Long-Term investment with a projected 1.89% first-year return on $31,668 initial cash invested.

1.89%

Cash On Cash

7.5%

Cap Rate

1.14

DSCR

$1,389

Rent

$50

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,389 income − $1,339 expenses = $50 cash flow

Income$1,389Mortgage P&I$82359%Property Taxes$1027%Insurance$544%Management$13910%CapEx$695%Vacancy$836%Maintenance$695%Cash Flow$50

Investment Breakdown

|

Purchase Price

$151k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,668

Downpayment

20%

$30,160

Closing costs

1%

$1,508

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,389

Total Expenses

$1,339

Mortgage P&I

59%

$823

Property Taxes

7%

$102

Home Insurance

4%

$54

HOA

0%

$0

Property Management

10%

$139

CapEx

5%

$69

Vacancy

6%

$83

Maintenance

5%

$69

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis