REI Lense

REI Lense

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$1,796 (target)

1736 William Harrison Dr, Biloxi, MS 39531

3 beds • 2 baths • 1445 sqft

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This property might be a fair Long-Term investment with a projected 8.36% first-year return on $36,330 initial cash invested.

8.36%

Cash On Cash

8.86%

Cap Rate

1.37

DSCR

$1,796

Rent

$253

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,796 income − $1,543 expenses = $253 cash flow

Income$1,796Mortgage P&I$93552%Property Taxes$634%Insurance$774%Management$18010%CapEx$905%Vacancy$1086%Maintenance$905%Cash Flow$253

Investment Breakdown

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Purchase Price

$173k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,330

Downpayment

20%

$34,600

Closing costs

1%

$1,730

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,796

Total Expenses

$1,543

Mortgage P&I

52%

$935

Property Taxes

4%

$63

Home Insurance

4%

$77

HOA

0%

$0

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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