REI Lense

REI Lense

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$1,617 (target)

119 Justin Cir, Columbus, MS 39705

3 beds • 2 baths • 1813 sqft

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This property looks like a bad Long-Term investment with a projected -2.58% first-year return on $44,709 initial cash invested.

-2.58%

Cash On Cash

6.34%

Cap Rate

0.99

DSCR

$1,617

Rent

-$96

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,617 income − $1,713 expenses = $96 out of pocket

Income$1,617Out of Pocket$96Mortgage P&I$1,13970%Property Taxes$674%Insurance$865%Management$16210%CapEx$815%Vacancy$976%Maintenance$815%

Investment Breakdown

|

Purchase Price

$213k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,709

Downpayment

20%

$42,580

Closing costs

1%

$2,129

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,617

Total Expenses

$1,713

Mortgage P&I

70%

$1,139

Property Taxes

4%

$67

Home Insurance

5%

$86

HOA

0%

$0

Property Management

10%

$162

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

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