REI Lense

REI Lense

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$2,285 (target)

116 Levi Bryant Rd, Lumberton, MS 39455

3 beds • 3 baths • 2400 sqft

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This property looks like a bad Long-Term investment with a projected -5.15% first-year return on $70,392 initial cash invested.

-5.15%

Cash On Cash

5.53%

Cap Rate

0.89

DSCR

$2,285

Rent

-$302

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,285 income − $2,587 expenses = $302 out of pocket

Income$2,285Out of Pocket$302Mortgage P&I$1,73476%Property Taxes$1386%Insurance$1225%Management$22810%CapEx$1145%Vacancy$1376%Maintenance$1145%

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,392

Downpayment

20%

$67,040

Closing costs

1%

$3,352

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,285

Total Expenses

$2,587

Mortgage P&I

76%

$1,734

Property Taxes

6%

$138

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$228

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

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