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3844 Millsaps Dr, Laurel, MS 39440

3 beds • 3 baths • 2474 sqft

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This property could be a profitable Mid-Term investment with a projected 22.93% first-year return on $61,743 initial cash invested.

22.93%

Cash On Cash

14.07%

Cap Rate

2.2

DSCR

$3,886

Rent

$1,180

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$208k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,743

Downpayment

20%

$41,660

Closing costs

1%

$2,083

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,886

Total Expenses

$2,706

Mortgage P&I

29%

$1,108

Property Taxes

5%

$204

Home Insurance

2%

$74

HOA

0%

$0

Property Management

12%

$466

CapEx

4%

$155

Vacancy

3%

$117

Maintenance

4%

$155

Other

11%

$427

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