REI Lense

REI Lense

Unlock all features! Tap here to upgrade

724 W 15th St, Laurel, MS 39440

3 beds • 3 baths • 2090 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.18% first-year return on $98,199 initial cash invested.

-11.18%

Cash On Cash

3.67%

Cap Rate

0.6

DSCR

$3,039

Rent

-$915

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,039 income − $3,954 expenses = $915 out of pocket

Income$3,039Out of Pocket$915Mortgage P&I$1,96265%Property Taxes$39213%Insurance$1405%Management$45615%CapEx$1224%Maintenance$1224%Other$76025%

Investment Breakdown

|

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

$3,039

Total Expenses

$3,954

Mortgage P&I

65%

$1,962

Property Taxes

13%

$392

Home Insurance

5%

$140

HOA

0%

$0

Property Management

15%

$456

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$760

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis