REI Lense

REI Lense

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$3,194 (target)

1804 1st Ter, Hattiesburg, MS 39401

3 beds • 2 baths • 1806 sqft

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This property could be a profitable Mid-Term investment with a projected 15.39% first-year return on $59,412 initial cash invested.

15.39%

Cash On Cash

11.88%

Cap Rate

1.84

DSCR

$3,194

Rent

$762

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$197k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,412

Downpayment

20%

$39,440

Closing costs

1%

$1,972

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,194

Total Expenses

$2,432

Mortgage P&I

33%

$1,063

Property Taxes

6%

$206

Home Insurance

2%

$77

HOA

0%

$0

Property Management

12%

$383

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$351

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