REI Lense

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$3,579 (target)

1266 Fieldstone St, Hernando, MS 38632

3 beds • 2 baths • 2243 sqft

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This property might be a fair Mid-Term investment with a projected 1.63% first-year return on $95,091 initial cash invested.

1.63%

Cash On Cash

7.01%

Cap Rate

1.15

DSCR

$3,579

Rent

$129

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,579 income − $3,450 expenses = $129 cash flow

Income$3,579Mortgage P&I$1,87152%Property Taxes$2326%Insurance$1314%Management$42912%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39411%Cash Flow$129

Investment Breakdown

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Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,091

Downpayment

20%

$73,420

Closing costs

1%

$3,671

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,579

Total Expenses

$3,450

Mortgage P&I

52%

$1,871

Property Taxes

6%

$232

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$429

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$394

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