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$3,960 (target)

62 N Lakeshore Dr, Lumberton, MS 39455

3 beds • 3 baths • 1646 sqft

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This property could be a profitable Mid-Term investment with a projected 12.59% first-year return on $75,750 initial cash invested.

12.59%

Cash On Cash

10.37%

Cap Rate

1.67

DSCR

$3,960

Rent

$795

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,960 income − $3,165 expenses = $795 cash flow

Income$3,960Mortgage P&I$1,42336%Property Taxes$2587%Insurance$962%HOA$421%Management$47512%CapEx$1584%Vacancy$1193%Maintenance$1584%Other$43611%Cash Flow$795

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,960

Total Expenses

$3,165

Mortgage P&I

36%

$1,423

Property Taxes

7%

$258

Home Insurance

2%

$96

HOA

1%

$42

Property Management

12%

$475

CapEx

4%

$158

Vacancy

3%

$119

Maintenance

4%

$158

Other

11%

$436

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