REI Lense

REI Lense

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$2,648 (target)

407 Belle Pointe Ln, Madison, MS 39110

3 beds • 3 baths • 2250 sqft

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This property looks like a bad Long-Term investment with a projected -11.53% first-year return on $91,350 initial cash invested.

-11.53%

Cash On Cash

4.14%

Cap Rate

0.67

DSCR

$2,648

Rent

-$878

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,648 income − $3,526 expenses = $878 out of pocket

Income$2,648Out of Pocket$878Mortgage P&I$2,24785%Property Taxes$30211%Insurance$1526%HOA$1375%Management$26510%CapEx$1325%Vacancy$1596%Maintenance$1325%

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,350

Downpayment

20%

$87,000

Closing costs

1%

$4,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,648

Total Expenses

$3,526

Mortgage P&I

85%

$2,247

Property Taxes

11%

$302

Home Insurance

6%

$152

HOA

5%

$137

Property Management

10%

$265

CapEx

5%

$132

Vacancy

6%

$159

Maintenance

5%

$132

Other

0%

$0

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