REI Lense

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$3,496 (target)

70 Terraceview Ln, Columbus, MS 39702

3 beds • 2 baths • 1999 sqft

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This property might be a fair Mid-Term investment with a projected 4.78% first-year return on $81,756 initial cash invested.

4.78%

Cash On Cash

8.09%

Cap Rate

1.29

DSCR

$3,496

Rent

$326

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,496 income − $3,170 expenses = $326 cash flow

Income$3,496Mortgage P&I$1,58245%Property Taxes$2908%Insurance$1083%Management$42012%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38511%Cash Flow$326

Investment Breakdown

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Purchase Price

$304k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,756

Downpayment

20%

$60,720

Closing costs

1%

$3,036

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,496

Total Expenses

$3,170

Mortgage P&I

45%

$1,582

Property Taxes

8%

$290

Home Insurance

3%

$108

HOA

0%

$0

Property Management

12%

$420

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$385

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