REI Lense

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$2,422 (target)

32 Cosmos, Hattiesburg, MS 39402

3 beds • 2 baths • 1360 sqft

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This property might be a fair Mid-Term investment with a projected 1.42% first-year return on $67,539 initial cash invested.

1.42%

Cash On Cash

7.41%

Cap Rate

1.14

DSCR

$2,422

Rent

$80

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,422 income − $2,342 expenses = $80 cash flow

Income$2,422Mortgage P&I$1,27953%Property Taxes$1305%Insurance$843%HOA$251%Management$29112%CapEx$974%Vacancy$733%Maintenance$974%Other$26611%Cash Flow$80

Investment Breakdown

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Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,539

Downpayment

20%

$47,180

Closing costs

1%

$2,359

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,422

Total Expenses

$2,342

Mortgage P&I

53%

$1,279

Property Taxes

5%

$130

Home Insurance

3%

$84

HOA

1%

$25

Property Management

12%

$291

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$266

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