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$2,960 (target)

256 Walt Culpepper Rd, Laurel, MS 39443

3 beds • 2 baths • sqft

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This property could be a profitable Mid-Term investment with a projected 15.72% first-year return on $61,995 initial cash invested.

15.72%

Cash On Cash

11.59%

Cap Rate

1.85

DSCR

$2,960

Rent

$812

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,960 income − $2,148 expenses = $812 cash flow

Income$2,960Mortgage P&I$1,09437%Property Taxes$1Insurance$472%Management$35512%CapEx$1184%Vacancy$893%Maintenance$1184%Other$32611%Cash Flow$812

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,995

Downpayment

20%

$41,900

Closing costs

1%

$2,095

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,960

Total Expenses

$2,148

Mortgage P&I

37%

$1,094

Property Taxes

0%

$1

Home Insurance

2%

$47

HOA

0%

$0

Property Management

12%

$355

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$326

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