REI Lense

REI Lense

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$1,466 (target)

12 Redfern Trl, Petal, MS 39465

3 beds • 2 baths • 1843 sqft

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This property looks like a bad Long-Term investment with a projected -17.1% first-year return on $61,971 initial cash invested.

-17.1%

Cash On Cash

2.77%

Cap Rate

0.46

DSCR

$1,466

Rent

-$883

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,971

Downpayment

20%

$59,020

Closing costs

1%

$2,951

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,466

Total Expenses

$2,349

Mortgage P&I

102%

$1,490

Property Taxes

25%

$373

Home Insurance

7%

$105

HOA

0%

$0

Property Management

10%

$147

CapEx

5%

$73

Vacancy

6%

$88

Maintenance

5%

$73

Other

0%

$0

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