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$2,644 (target)

724 W 15th St, Laurel, MS 39440

3 beds • 3 baths • 2090 sqft

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This property looks like a bad Mid-Term investment with a projected -9.15% first-year return on $98,199 initial cash invested.

-9.15%

Cash On Cash

4.14%

Cap Rate

0.67

DSCR

$2,644

Rent

-$749

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,644 income − $3,393 expenses = $749 out of pocket

Income$2,644Out of Pocket$749Mortgage P&I$1,96274%Property Taxes$39215%Insurance$1405%Management$31712%CapEx$1064%Vacancy$793%Maintenance$1064%Other$29111%

Investment Breakdown

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Purchase Price

$382k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,199

Downpayment

20%

$76,380

Closing costs

1%

$3,819

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,644

Total Expenses

$3,393

Mortgage P&I

74%

$1,962

Property Taxes

15%

$392

Home Insurance

5%

$140

HOA

0%

$0

Property Management

12%

$317

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$291

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