REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,940 (target)

1309 McInnis Vernal Rd, Lucedale, MS 39452

3 beds • 2 baths • 2136 sqft

Email

This property looks like a bad Mid-Term investment with a projected -0.94% first-year return on $66,300 initial cash invested.

-0.94%

Cash On Cash

6.62%

Cap Rate

1.02

DSCR

$1,940

Rent

-$52

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,940 income − $1,992 expenses = $52 out of pocket

Income$1,940Out of Pocket$52Mortgage P&I$1,24264%Property Taxes$101%Insurance$804%Management$23312%CapEx$784%Vacancy$583%Maintenance$784%Other$21311%

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,300

Downpayment

20%

$46,000

Closing costs

1%

$2,300

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,940

Total Expenses

$1,992

Mortgage P&I

64%

$1,242

Property Taxes

1%

$10

Home Insurance

4%

$80

HOA

0%

$0

Property Management

12%

$233

CapEx

4%

$78

Vacancy

3%

$58

Maintenance

4%

$78

Other

11%

$213

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis