REI Lense

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$1,680 (target)

7723 Pleasant Hill Rd, Olive Branch, MS 38654

3 beds • 2 baths • 1475 sqft

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This property looks like a bad Long-Term investment with a projected -1.57% first-year return on $47,250 initial cash invested.

-1.57%

Cash On Cash

6.62%

Cap Rate

1.02

DSCR

$1,680

Rent

-$62

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,680 income − $1,742 expenses = $62 out of pocket

Income$1,680Out of Pocket$62Mortgage P&I$1,22073%Property Taxes$6Insurance$795%Management$16810%CapEx$845%Vacancy$1016%Maintenance$845%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,680

Total Expenses

$1,742

Mortgage P&I

73%

$1,220

Property Taxes

0%

$6

Home Insurance

5%

$79

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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