REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,255 (target)

2615 Dela Dr, Southaven, MS 38672

3 beds • 2 baths • 1871 sqft

Email

This property looks like a bad Long-Term investment with a projected -2.12% first-year return on $63,840 initial cash invested.

-2.12%

Cash On Cash

5.96%

Cap Rate

1

DSCR

$2,255

Rent

-$113

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,255 income − $2,368 expenses = $113 out of pocket

Income$2,255Out of Pocket$113Mortgage P&I$1,51167%Property Taxes$1426%Insurance$1075%HOA$211%Management$22610%CapEx$1135%Vacancy$1356%Maintenance$1135%

Investment Breakdown

|

Purchase Price

$304k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,840

Downpayment

20%

$60,800

Closing costs

1%

$3,040

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,255

Total Expenses

$2,368

Mortgage P&I

67%

$1,511

Property Taxes

6%

$142

Home Insurance

5%

$107

HOA

1%

$21

Property Management

10%

$226

CapEx

5%

$113

Vacancy

6%

$135

Maintenance

5%

$113

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis