REI Lense

REI Lense

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$2,355 (target)

640 Kaleas Way Cv, Hernando, MS 38632

3 beds • 2 baths • 2441 sqft

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This property looks like a bad Long-Term investment with a projected -5.24% first-year return on $71,190 initial cash invested.

-5.24%

Cash On Cash

5.46%

Cap Rate

0.89

DSCR

$2,355

Rent

-$311

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,355 income − $2,666 expenses = $311 out of pocket

Income$2,355Out of Pocket$311Mortgage P&I$1,73674%Property Taxes$1988%Insurance$1195%Management$23610%CapEx$1185%Vacancy$1416%Maintenance$1185%

Investment Breakdown

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Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,190

Downpayment

20%

$67,800

Closing costs

1%

$3,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,355

Total Expenses

$2,666

Mortgage P&I

74%

$1,736

Property Taxes

8%

$198

Home Insurance

5%

$119

HOA

0%

$0

Property Management

10%

$236

CapEx

5%

$118

Vacancy

6%

$141

Maintenance

5%

$118

Other

0%

$0

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