REI Lense

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$1,406 (target)

153 Bexley Rd, Lucedale, MS 39452

3 beds • 2 baths • 2000 sqft

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This property might be a fair Long-Term investment with a projected 7.09% first-year return on $31,290 initial cash invested.

7.09%

Cash On Cash

8.46%

Cap Rate

1.32

DSCR

$1,406

Rent

$185

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,406 income − $1,221 expenses = $185 cash flow

Income$1,406Mortgage P&I$79557%Property Taxes$91%Insurance$524%Management$14110%CapEx$705%Vacancy$846%Maintenance$705%Cash Flow$185

Investment Breakdown

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Purchase Price

$149k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,290

Downpayment

20%

$29,800

Closing costs

1%

$1,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,406

Total Expenses

$1,221

Mortgage P&I

57%

$795

Property Taxes

1%

$9

Home Insurance

4%

$52

HOA

0%

$0

Property Management

10%

$141

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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