REI Lense

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$2,324 (target)

16 Fawn Grv, Jackson, MS 39212

3 beds • 2 baths • 1653 sqft

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This property might be a fair Mid-Term investment with a projected 1.33% first-year return on $64,809 initial cash invested.

1.33%

Cash On Cash

7.47%

Cap Rate

1.13

DSCR

$2,324

Rent

$72

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,324 income − $2,252 expenses = $72 cash flow

Income$2,324Mortgage P&I$1,22353%Property Taxes$1607%Insurance$783%Management$27912%CapEx$934%Vacancy$703%Maintenance$934%Other$25611%Cash Flow$72

Investment Breakdown

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Purchase Price

$223k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,809

Downpayment

20%

$44,580

Closing costs

1%

$2,229

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,324

Total Expenses

$2,252

Mortgage P&I

53%

$1,223

Property Taxes

7%

$160

Home Insurance

3%

$78

HOA

0%

$0

Property Management

12%

$279

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$256

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