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$2,512 (target)

8 Mar Ree Dr, Laurel, MS 39440

3 beds • 2 baths • 1756 sqft

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This property could be a profitable Mid-Term investment with a projected 10.34% first-year return on $58,845 initial cash invested.

10.34%

Cash On Cash

10.29%

Cap Rate

1.57

DSCR

$2,512

Rent

$507

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,512 income − $2,005 expenses = $507 cash flow

Income$2,512Mortgage P&I$1,06142%Property Taxes$241%Insurance$683%Management$30112%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27611%Cash Flow$507

Investment Breakdown

|

Purchase Price

$195k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,845

Downpayment

20%

$38,900

Closing costs

1%

$1,945

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,512

Total Expenses

$2,005

Mortgage P&I

42%

$1,061

Property Taxes

1%

$24

Home Insurance

3%

$68

HOA

0%

$0

Property Management

12%

$301

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$276

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