REI Lense

REI Lense

Unlock all features! Tap here to upgrade

17242 Spring Lake Dr E, Vancleave, MS 39565

3 beds • 2 baths • 2179 sqft

Email

This property looks like a bad Airbnb investment with a projected -22.96% first-year return on $140k initial cash invested.

-22.96%

Cash On Cash

0.76%

Cap Rate

0.12

DSCR

$1,612

Rent

-$2,683

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,612 income − $4,295 expenses = $2,683 out of pocket

Income$1,612Out of Pocket$2,683Mortgage P&I$2,989185%Property Taxes$33321%Insurance$20012%Management$24215%CapEx$644%Maintenance$644%Other$40325%

Investment Breakdown

|

Purchase Price

$582k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,819

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,612

Total Expenses

$4,295

Mortgage P&I

185%

$2,989

Property Taxes

21%

$333

Home Insurance

12%

$200

HOA

0%

$0

Property Management

15%

$242

CapEx

4%

$64

Vacancy

0%

$0

Maintenance

4%

$64

Other

25%

$403

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis