REI Lense

REI Lense

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$1,743 (target)

7317 Bridle Ln, Southaven, MS 38671

3 beds • 2 baths • 1500 sqft

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This property looks like a bad Long-Term investment with a projected -4.45% first-year return on $53,655 initial cash invested.

-4.45%

Cash On Cash

5.46%

Cap Rate

0.91

DSCR

$1,743

Rent

-$199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,743 income − $1,942 expenses = $199 out of pocket

Income$1,743Out of Pocket$199Mortgage P&I$1,27573%Property Taxes$1237%Insurance$915%Management$17410%CapEx$875%Vacancy$1056%Maintenance$875%

Investment Breakdown

|

Purchase Price

$256k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,655

Downpayment

20%

$51,100

Closing costs

1%

$2,555

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,743

Total Expenses

$1,942

Mortgage P&I

73%

$1,275

Property Taxes

7%

$123

Home Insurance

5%

$91

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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