REI Lense

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$2,520 (target)

7723 Pleasant Hill Rd, Olive Branch, MS 38654

3 beds • 2 baths • 1475 sqft

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This property might be a fair Mid-Term investment with a projected 6.58% first-year return on $65,250 initial cash invested.

6.58%

Cash On Cash

8.95%

Cap Rate

1.38

DSCR

$2,520

Rent

$358

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,520 income − $2,162 expenses = $358 cash flow

Income$2,520Mortgage P&I$1,22048%Property Taxes$6Insurance$793%Management$30212%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27711%Cash Flow$358

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,520

Total Expenses

$2,162

Mortgage P&I

48%

$1,220

Property Taxes

0%

$6

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$302

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$277

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