REI Lense

REI Lense

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$1,586 (target)

7274 Durango Dr, Horn Lake, MS 38637

3 beds • 2 baths • 1345 sqft

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This property looks like a bad Long-Term investment with a projected -5.02% first-year return on $52,563 initial cash invested.

-5.02%

Cash On Cash

5.58%

Cap Rate

0.89

DSCR

$1,586

Rent

-$220

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,586 income − $1,806 expenses = $220 out of pocket

Income$1,586Out of Pocket$220Mortgage P&I$1,30482%Property Taxes$1Insurance$896%Management$15910%CapEx$795%Vacancy$956%Maintenance$795%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,563

Downpayment

20%

$50,060

Closing costs

1%

$2,503

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,586

Total Expenses

$1,806

Mortgage P&I

82%

$1,304

Property Taxes

0%

$1

Home Insurance

6%

$89

HOA

0%

$0

Property Management

10%

$159

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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