REI Lense

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$1,771 (target)

6706 Rue Mornay S, Biloxi, MS 39532

3 beds • 2 baths • 1590 sqft

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This property looks like a bad Long-Term investment with a projected -5.01% first-year return on $49,350 initial cash invested.

-5.01%

Cash On Cash

5.94%

Cap Rate

0.91

DSCR

$1,771

Rent

-$206

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,771 income − $1,977 expenses = $206 out of pocket

Income$1,771Out of Pocket$206Mortgage P&I$1,28072%Property Taxes$1549%Insurance$825%Management$17710%CapEx$895%Vacancy$1066%Maintenance$895%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,771

Total Expenses

$1,977

Mortgage P&I

72%

$1,280

Property Taxes

9%

$154

Home Insurance

5%

$82

HOA

0%

$0

Property Management

10%

$177

CapEx

5%

$89

Vacancy

6%

$106

Maintenance

5%

$89

Other

0%

$0

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