REI Lense

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$2,180 (target)

6 Old Highway 84 Loop, Laurel, MS 39443

3 beds • 3 baths • 2098 sqft

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This property might be a fair Long-Term investment with a projected 3.89% first-year return on $47,229 initial cash invested.

3.89%

Cash On Cash

7.98%

Cap Rate

1.21

DSCR

$2,180

Rent

$153

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,180 income − $2,027 expenses = $153 cash flow

Income$2,180Mortgage P&I$1,23457%Property Taxes$1477%Insurance$794%Management$21810%CapEx$1095%Vacancy$1316%Maintenance$1095%Cash Flow$153

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,180

Total Expenses

$2,027

Mortgage P&I

57%

$1,234

Property Taxes

7%

$147

Home Insurance

4%

$79

HOA

0%

$0

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

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