REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,540 (target)

13011 Michael St, Biloxi, MS 39532

3 beds • 2 baths • 1450 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.16% first-year return on $76,800 initial cash invested.

1.16%

Cash On Cash

6.95%

Cap Rate

1.12

DSCR

$2,540

Rent

$74

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,540 income − $2,466 expenses = $74 cash flow

Income$2,540Mortgage P&I$1,44657%Property Taxes$582%Insurance$984%Management$30512%CapEx$1024%Vacancy$763%Maintenance$1024%Other$27911%Cash Flow$74

Investment Breakdown

|

Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,800

Downpayment

20%

$56,000

Closing costs

1%

$2,800

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,540

Total Expenses

$2,466

Mortgage P&I

57%

$1,446

Property Taxes

2%

$58

Home Insurance

4%

$98

HOA

0%

$0

Property Management

12%

$305

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$279

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis