REI Lense

REI Lense

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$1,832 (target)

551 Buchanan Dr, Jackson, MS 39272

3 beds • 2 baths • 1370 sqft

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This property looks like a bad Long-Term investment with a projected -1.06% first-year return on $45,486 initial cash invested.

-1.06%

Cash On Cash

6.84%

Cap Rate

1.04

DSCR

$1,832

Rent

-$40

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,832 income − $1,872 expenses = $40 out of pocket

Income$1,832Out of Pocket$40Mortgage P&I$1,18265%Property Taxes$1367%Insurance$774%Management$18310%CapEx$925%Vacancy$1106%Maintenance$925%

Investment Breakdown

|

Purchase Price

$217k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,486

Downpayment

20%

$43,320

Closing costs

1%

$2,166

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,832

Total Expenses

$1,872

Mortgage P&I

65%

$1,182

Property Taxes

7%

$136

Home Insurance

4%

$77

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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