REI Lense

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$3,202 (target)

8 Parkview Rd, Clinton, MS 39056

3 beds • 2 baths • 1995 sqft

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This property might be a fair Mid-Term investment with a projected 6.84% first-year return on $76,611 initial cash invested.

6.84%

Cash On Cash

8.56%

Cap Rate

1.4

DSCR

$3,202

Rent

$437

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,202 income − $2,765 expenses = $437 cash flow

Income$3,202Mortgage P&I$1,42645%Property Taxes$1144%Insurance$1003%HOA$371%Management$38412%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35211%Cash Flow$437

Investment Breakdown

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Purchase Price

$279k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,611

Downpayment

20%

$55,820

Closing costs

1%

$2,791

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,202

Total Expenses

$2,765

Mortgage P&I

45%

$1,426

Property Taxes

4%

$114

Home Insurance

3%

$100

HOA

1%

$37

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

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