REI Lense

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$1,542 (target)

207 Longleaf Dr, Petal, MS 39465

3 beds • 3 baths • 2055 sqft

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This property looks like a bad Long-Term investment with a projected -15.45% first-year return on $71,778 initial cash invested.

-15.45%

Cash On Cash

3.25%

Cap Rate

0.52

DSCR

$1,542

Rent

-$924

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,542 income − $2,466 expenses = $924 out of pocket

Income$1,542Out of Pocket$924Mortgage P&I$1,773115%Property Taxes$17011%Insurance$1228%Management$15410%CapEx$775%Vacancy$936%Maintenance$775%

Investment Breakdown

|

Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,778

Downpayment

20%

$68,360

Closing costs

1%

$3,418

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,542

Total Expenses

$2,466

Mortgage P&I

115%

$1,773

Property Taxes

11%

$170

Home Insurance

8%

$122

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$93

Maintenance

5%

$77

Other

0%

$0

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