REI Lense

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$3,424 (target)

107 Begonia Ln, Madison, MS 39110

3 beds • 3 baths • 2511 sqft

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This property might be a fair Long-Term investment with a projected 9.95% first-year return on $70,329 initial cash invested.

9.95%

Cash On Cash

8.82%

Cap Rate

1.44

DSCR

$3,424

Rent

$583

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,424 income − $2,841 expenses = $583 cash flow

Income$3,424Mortgage P&I$1,70750%Property Taxes$953%Insurance$1173%HOA$331%Management$34210%CapEx$1715%Vacancy$2056%Maintenance$1715%Cash Flow$583

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,329

Downpayment

20%

$66,980

Closing costs

1%

$3,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,424

Total Expenses

$2,841

Mortgage P&I

50%

$1,707

Property Taxes

3%

$95

Home Insurance

3%

$117

HOA

1%

$33

Property Management

10%

$342

CapEx

5%

$171

Vacancy

6%

$205

Maintenance

5%

$171

Other

0%

$0

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