REI Lense

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$4,414 (target)

514 N Spurline Rd, Columbus, MS 39705

3 beds • 3 baths • 3353 sqft

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This property might be a fair Mid-Term investment with a projected 0.54% first-year return on $123k initial cash invested.

0.54%

Cash On Cash

6.7%

Cap Rate

1.09

DSCR

$4,414

Rent

$55

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,414 income − $4,359 expenses = $55 cash flow

Income$4,414Mortgage P&I$2,56058%Property Taxes$1223%Insurance$1754%Management$53012%CapEx$1774%Vacancy$1323%Maintenance$1774%Other$48611%Cash Flow$55

Investment Breakdown

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Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,980

Closing costs

1%

$4,999

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,414

Total Expenses

$4,359

Mortgage P&I

58%

$2,560

Property Taxes

3%

$122

Home Insurance

4%

$175

HOA

0%

$0

Property Management

12%

$530

CapEx

4%

$177

Vacancy

3%

$132

Maintenance

4%

$177

Other

11%

$486

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