REI Lense

REI Lense

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$1,272 (target)

355 W Magnolia Rd, Jackson, MS 39209

3 beds • 2 baths • 1528 sqft

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This property might be a fair Long-Term investment with a projected 9.74% first-year return on $23,772 initial cash invested.

9.74%

Cash On Cash

8.84%

Cap Rate

1.45

DSCR

$1,272

Rent

$193

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,272 income − $1,079 expenses = $193 cash flow

Income$1,272Mortgage P&I$57745%Property Taxes$13110%Insurance$403%Management$12710%CapEx$645%Vacancy$766%Maintenance$645%Cash Flow$193

Investment Breakdown

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Purchase Price

$113k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$23,772

Downpayment

20%

$22,640

Closing costs

1%

$1,132

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,272

Total Expenses

$1,079

Mortgage P&I

45%

$577

Property Taxes

10%

$131

Home Insurance

3%

$40

HOA

0%

$0

Property Management

10%

$127

CapEx

5%

$64

Vacancy

6%

$76

Maintenance

5%

$64

Other

0%

$0

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