REI Lense

REI Lense

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$3,117 (target)

11493 White Star Rd, Biloxi, MS 39532

3 beds • 3 baths • 2186 sqft

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This property looks like a bad Mid-Term investment with a projected -5.53% first-year return on $111k initial cash invested.

-5.53%

Cash On Cash

4.97%

Cap Rate

0.83

DSCR

$3,117

Rent

-$509

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$441k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,120

Closing costs

1%

$4,406

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,117

Total Expenses

$3,626

Mortgage P&I

71%

$2,210

Property Taxes

6%

$192

Home Insurance

5%

$163

HOA

0%

$0

Property Management

12%

$374

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$343

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