REI Lense

REI Lense

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$2,176 (target)

2582 Hampton Ln, Biloxi, MS 39531

3 beds • 2 baths • 2564 sqft

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This property looks like a bad Long-Term investment with a projected -9.97% first-year return on $80,304 initial cash invested.

-9.97%

Cash On Cash

4.52%

Cap Rate

0.72

DSCR

$2,176

Rent

-$667

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,176 income − $2,843 expenses = $667 out of pocket

Income$2,176Out of Pocket$667Mortgage P&I$1,99792%Property Taxes$1336%Insurance$1386%HOA$8Management$21810%CapEx$1095%Vacancy$1316%Maintenance$1095%

Investment Breakdown

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Purchase Price

$382k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,304

Downpayment

20%

$76,480

Closing costs

1%

$3,824

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,176

Total Expenses

$2,843

Mortgage P&I

92%

$1,997

Property Taxes

6%

$133

Home Insurance

6%

$138

HOA

0%

$8

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

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