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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 Long-Term investment with a projected 14.57% first-year return on $43,743 initial cash invested.

14.57%

Cash On Cash

10.19%

Cap Rate

1.6

DSCR

$2,591

Rent

$531

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

$43,743

Downpayment

20%

$41,660

Closing costs

1%

$2,083

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,591

Total Expenses

$2,060

Mortgage P&I

43%

$1,108

Property Taxes

8%

$204

Home Insurance

3%

$74

HOA

0%

$0

Property Management

10%

$259

CapEx

5%

$130

Vacancy

6%

$155

Maintenance

5%

$130

Other

0%

$0

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