REI Lense

REI Lense

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$1,745 (target)

18128 Canal Ct, Gulfport, MS 39503

3 beds • 2 baths • 1434 sqft

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This property might be a fair Long-Term investment with a projected 0.36% first-year return on $43,554 initial cash invested.

0.36%

Cash On Cash

6.97%

Cap Rate

1.09

DSCR

$1,745

Rent

$13

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,745 income − $1,732 expenses = $13 cash flow

Income$1,745Mortgage P&I$1,10463%Property Taxes$1016%Insurance$744%Management$17410%CapEx$875%Vacancy$1056%Maintenance$875%Cash Flow$13

Investment Breakdown

|

Purchase Price

$207k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,554

Downpayment

20%

$41,480

Closing costs

1%

$2,074

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,745

Total Expenses

$1,732

Mortgage P&I

63%

$1,104

Property Taxes

6%

$101

Home Insurance

4%

$74

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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