REI Lense

REI Lense

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$1,684 (target)

486 Hoy Rd, Laurel, MS 39443

3 beds • 2 baths • 1969 sqft

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This property looks like a bad Long-Term investment with a projected -2.27% first-year return on $45,990 initial cash invested.

-2.27%

Cash On Cash

6.53%

Cap Rate

1

DSCR

$1,684

Rent

-$87

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,684 income − $1,771 expenses = $87 out of pocket

Income$1,684Out of Pocket$87Mortgage P&I$1,19571%Property Taxes$624%Insurance$775%Management$16810%CapEx$845%Vacancy$1016%Maintenance$845%

Investment Breakdown

|

Purchase Price

$219k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,990

Downpayment

20%

$43,800

Closing costs

1%

$2,190

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,684

Total Expenses

$1,771

Mortgage P&I

71%

$1,195

Property Taxes

4%

$62

Home Insurance

5%

$77

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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