REI Lense

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$3,604 (target)

104 Woodscape Dr, Canton, MS 39046

3 beds • 2 baths • 1581 sqft

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This property might be a fair Mid-Term investment with a projected 6.67% first-year return on $81,693 initial cash invested.

6.67%

Cash On Cash

8.74%

Cap Rate

1.37

DSCR

$3,604

Rent

$454

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,604 income − $3,150 expenses = $454 cash flow

Income$3,604Mortgage P&I$1,61245%Property Taxes$1564%Insurance$1083%HOA$501%Management$43212%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39611%Cash Flow$454

Investment Breakdown

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Purchase Price

$303k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,693

Downpayment

20%

$60,660

Closing costs

1%

$3,033

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,604

Total Expenses

$3,150

Mortgage P&I

45%

$1,612

Property Taxes

4%

$156

Home Insurance

3%

$108

HOA

1%

$50

Property Management

12%

$432

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$396

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