REI Lense

REI Lense

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$1,532 (target)

412 N 19th Ave, Hattiesburg, MS 39401

3 beds • 2 baths • 1575 sqft

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This property might be a fair Long-Term investment with a projected 3.65% first-year return on $34,881 initial cash invested.

3.65%

Cash On Cash

7.59%

Cap Rate

1.21

DSCR

$1,532

Rent

$106

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,532 income − $1,426 expenses = $106 cash flow

Income$1,532Mortgage P&I$86757%Property Taxes$1007%Insurance$604%Management$15310%CapEx$775%Vacancy$926%Maintenance$775%Cash Flow$106

Investment Breakdown

|

Purchase Price

$166k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,881

Downpayment

20%

$33,220

Closing costs

1%

$1,661

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,532

Total Expenses

$1,426

Mortgage P&I

57%

$867

Property Taxes

7%

$100

Home Insurance

4%

$60

HOA

0%

$0

Property Management

10%

$153

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

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