REI Lense

REI Lense

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$1,779 (target)

187 Cedar Spring Cir, Pearl, MS 39208

3 beds • 2 baths • 1210 sqft

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This property might be a fair Long-Term investment with a projected 2.18% first-year return on $44,121 initial cash invested.

2.18%

Cash On Cash

7.12%

Cap Rate

1.16

DSCR

$1,779

Rent

$80

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,779 income − $1,699 expenses = $80 cash flow

Income$1,779Mortgage P&I$1,07761%Property Taxes$764%Insurance$754%HOA$8Management$17810%CapEx$895%Vacancy$1076%Maintenance$895%Cash Flow$80

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,121

Downpayment

20%

$42,020

Closing costs

1%

$2,101

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,779

Total Expenses

$1,699

Mortgage P&I

61%

$1,077

Property Taxes

4%

$76

Home Insurance

4%

$75

HOA

0%

$8

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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