REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,435 (target)

550 Spring Lake Dr, Pearl, MS 39208

3 beds • 2 baths • 1947 sqft

Email

This property might be a fair Mid-Term investment with a projected 4.31% first-year return on $79,950 initial cash invested.

4.31%

Cash On Cash

7.89%

Cap Rate

1.28

DSCR

$3,435

Rent

$287

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,435 income − $3,148 expenses = $287 cash flow

Income$3,435Mortgage P&I$1,51544%Property Taxes$33810%Insurance$1033%HOA$251%Management$41212%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37811%Cash Flow$287

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,435

Total Expenses

$3,148

Mortgage P&I

44%

$1,515

Property Taxes

10%

$338

Home Insurance

3%

$103

HOA

1%

$25

Property Management

12%

$412

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$378

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis