REI Lense

REI Lense

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$3,936 (target)

316 Jackson Ave, Ocean Springs, MS 39564

3 beds • 2 baths • 2208 sqft

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This property looks like a bad Mid-Term investment with a projected -13.36% first-year return on $186k initial cash invested.

-13.36%

Cash On Cash

3.18%

Cap Rate

0.53

DSCR

$3,936

Rent

-$2,071

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$800k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$186k

Downpayment

20%

$160k

Closing costs

1%

$8,001

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,936

Total Expenses

$6,007

Mortgage P&I

102%

$4,034

Property Taxes

9%

$338

Home Insurance

8%

$298

HOA

0%

$0

Property Management

12%

$472

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$433

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