REI Lense

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$3,213 (target)

556 Brookstone Cir, Madison, MS 39110

3 beds • 2 baths • 1475 sqft

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This property might be a fair Mid-Term investment with a projected 9.63% first-year return on $73,545 initial cash invested.

9.63%

Cash On Cash

9.24%

Cap Rate

1.55

DSCR

$3,213

Rent

$590

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,213 income − $2,623 expenses = $590 cash flow

Income$3,213Mortgage P&I$1,31741%Property Taxes$1204%Insurance$933%Management$38612%CapEx$1294%Vacancy$963%Maintenance$1294%Other$35311%Cash Flow$590

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,545

Downpayment

20%

$52,900

Closing costs

1%

$2,645

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,213

Total Expenses

$2,623

Mortgage P&I

41%

$1,317

Property Taxes

4%

$120

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$96

Maintenance

4%

$129

Other

11%

$353

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