REI Lense

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$2,808 (target)

7107 Kingcrest Cv, Olive Branch, MS 38654

3 beds • 2 baths • 1600 sqft

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This property might be a fair Mid-Term investment with a projected 1.32% first-year return on $77,157 initial cash invested.

1.32%

Cash On Cash

6.79%

Cap Rate

1.14

DSCR

$2,808

Rent

$85

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,808 income − $2,723 expenses = $85 cash flow

Income$2,808Mortgage P&I$1,39850%Property Taxes$1234%Insurance$983%HOA$1505%Management$33712%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30911%Cash Flow$85

Investment Breakdown

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Purchase Price

$282k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,157

Downpayment

20%

$56,340

Closing costs

1%

$2,817

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,808

Total Expenses

$2,723

Mortgage P&I

50%

$1,398

Property Taxes

4%

$123

Home Insurance

3%

$98

HOA

5%

$150

Property Management

12%

$337

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$309

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