REI Lense

REI Lense

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$1,548 (target)

325 Woodcrest Dr, Long Beach, MS 39560

3 beds • 2 baths • 1412 sqft

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This property looks like a bad Long-Term investment with a projected -8.57% first-year return on $45,948 initial cash invested.

-8.57%

Cash On Cash

5.02%

Cap Rate

0.78

DSCR

$1,548

Rent

-$328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,548 income − $1,876 expenses = $328 out of pocket

Income$1,548Out of Pocket$328Mortgage P&I$1,16775%Property Taxes$22815%Insurance$795%Management$15510%CapEx$775%Vacancy$936%Maintenance$775%

Investment Breakdown

|

Purchase Price

$219k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,948

Downpayment

20%

$43,760

Closing costs

1%

$2,188

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,548

Total Expenses

$1,876

Mortgage P&I

75%

$1,167

Property Taxes

15%

$228

Home Insurance

5%

$79

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$77

Vacancy

6%

$93

Maintenance

5%

$77

Other

0%

$0

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