REI Lense

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$1,599 (target)

6616 Valerie Dr, Olive Branch, MS 38654

3 beds • 2 baths • 1240 sqft

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This property looks like a bad Long-Term investment with a projected -5.52% first-year return on $49,119 initial cash invested.

-5.52%

Cash On Cash

5.67%

Cap Rate

0.88

DSCR

$1,599

Rent

-$226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,599 income − $1,825 expenses = $226 out of pocket

Income$1,599Out of Pocket$226Mortgage P&I$1,25178%Property Taxes$755%Insurance$835%Management$16010%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

|

Purchase Price

$234k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,119

Downpayment

20%

$46,780

Closing costs

1%

$2,339

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,599

Total Expenses

$1,825

Mortgage P&I

78%

$1,251

Property Taxes

5%

$75

Home Insurance

5%

$83

HOA

0%

$0

Property Management

10%

$160

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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