REI Lense

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$4,293 (target)

282 Lighthouse Ln, Brandon, MS 39047

3 beds • 3 baths • 2530 sqft

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This property might be a fair Mid-Term investment with a projected 0.41% first-year return on $113k initial cash invested.

0.41%

Cash On Cash

6.78%

Cap Rate

1.09

DSCR

$4,293

Rent

$39

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,293 income − $4,254 expenses = $39 cash flow

Income$4,293Mortgage P&I$2,35255%Property Taxes$2215%Insurance$1634%HOA$581%Management$51512%CapEx$1724%Vacancy$1293%Maintenance$1724%Other$47211%Cash Flow$39

Investment Breakdown

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Purchase Price

$453k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,680

Closing costs

1%

$4,534

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,293

Total Expenses

$4,254

Mortgage P&I

55%

$2,352

Property Taxes

5%

$221

Home Insurance

4%

$163

HOA

1%

$58

Property Management

12%

$515

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$472

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