REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,800 (target)

3 Sandy Creek Dr, Iuka, MS 38852

3 beds • 3 baths • 2660 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.01% first-year return on $108k initial cash invested.

-3.01%

Cash On Cash

6.04%

Cap Rate

0.95

DSCR

$3,800

Rent

-$271

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,800 income − $4,071 expenses = $271 out of pocket

Income$3,800Out of Pocket$271Mortgage P&I$2,28060%Property Taxes$2667%Insurance$1504%HOA$832%Management$45612%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41811%

Investment Breakdown

|

Purchase Price

$429k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,800

Closing costs

1%

$4,290

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,800

Total Expenses

$4,071

Mortgage P&I

60%

$2,280

Property Taxes

7%

$266

Home Insurance

4%

$150

HOA

2%

$83

Property Management

12%

$456

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$418

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis