REI Lense

REI Lense

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$1,454 (target)

11609 Oaklane Dr, Gulfport, MS 39503

3 beds • 2 baths • 1254 sqft

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This property might be a fair Long-Term investment with a projected 3.65% first-year return on $32,529 initial cash invested.

3.65%

Cash On Cash

7.72%

Cap Rate

1.21

DSCR

$1,454

Rent

$99

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,454 income − $1,355 expenses = $99 cash flow

Income$1,454Mortgage P&I$82457%Property Taxes$997%Insurance$544%Management$14510%CapEx$735%Vacancy$876%Maintenance$735%Cash Flow$99

Investment Breakdown

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Purchase Price

$155k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,529

Downpayment

20%

$30,980

Closing costs

1%

$1,549

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,454

Total Expenses

$1,355

Mortgage P&I

57%

$824

Property Taxes

7%

$99

Home Insurance

4%

$54

HOA

0%

$0

Property Management

10%

$145

CapEx

5%

$73

Vacancy

6%

$87

Maintenance

5%

$73

Other

0%

$0

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