REI Lense

REI Lense

Unlock all features! Tap here to upgrade

432 Lower Myrick Rd, Laurel, MS 39443

3 beds • 3 baths • 2699 sqft

Email

This property looks like a bad Airbnb investment with a projected -15.25% first-year return on $98,031 initial cash invested.

-15.25%

Cash On Cash

2.3%

Cap Rate

0.38

DSCR

$1,996

Rent

-$1,246

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,996 income − $3,242 expenses = $1,246 out of pocket

Income$1,996Out of Pocket$1,246Mortgage P&I$1,89595%Property Taxes$24912%Insurance$1407%Management$29915%CapEx$804%Maintenance$804%Other$49925%

Investment Breakdown

|

Purchase Price

$381k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,031

Downpayment

20%

$76,220

Closing costs

1%

$3,811

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,996

Total Expenses

$3,242

Mortgage P&I

95%

$1,895

Property Taxes

12%

$249

Home Insurance

7%

$140

HOA

0%

$0

Property Management

15%

$299

CapEx

4%

$80

Vacancy

0%

$0

Maintenance

4%

$80

Other

25%

$499

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis