REI Lense

REI Lense

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$2,061 (target)

22034 Rayvan Ln, Kiln, MS 39556

3 beds • 2 baths • 1232 sqft

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This property might be a fair Mid-Term investment with a projected 3.17% first-year return on $58,635 initial cash invested.

3.17%

Cash On Cash

7.89%

Cap Rate

1.23

DSCR

$2,061

Rent

$155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$194k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,635

Downpayment

20%

$38,700

Closing costs

1%

$1,935

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,061

Total Expenses

$1,906

Mortgage P&I

50%

$1,036

Property Taxes

5%

$100

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$247

CapEx

4%

$82

Vacancy

3%

$62

Maintenance

4%

$82

Other

11%

$227

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