REI Lense

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$1,573 (target)

733 County Road 21, Laurel, MS 39443

3 beds • 2 baths • sqft

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This property looks like a bad Long-Term investment with a projected -1.74% first-year return on $44,079 initial cash invested.

-1.74%

Cash On Cash

6.53%

Cap Rate

1.01

DSCR

$1,573

Rent

-$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,573 income − $1,637 expenses = $64 out of pocket

Income$1,573Out of Pocket$64Mortgage P&I$1,12772%Property Taxes$272%Insurance$745%Management$15710%CapEx$795%Vacancy$946%Maintenance$795%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,079

Downpayment

20%

$41,980

Closing costs

1%

$2,099

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,573

Total Expenses

$1,637

Mortgage P&I

72%

$1,127

Property Taxes

2%

$27

Home Insurance

5%

$74

HOA

0%

$0

Property Management

10%

$157

CapEx

5%

$79

Vacancy

6%

$94

Maintenance

5%

$79

Other

0%

$0

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