REI Lense

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$1,956 (target)

825 Church St, Lucedale, MS 39452

3 beds • 3 baths • 1723 sqft

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This property might be a fair Mid-Term investment with a projected 9.57% first-year return on $47,778 initial cash invested.

9.57%

Cash On Cash

10.41%

Cap Rate

1.6

DSCR

$1,956

Rent

$381

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,956 income − $1,575 expenses = $381 cash flow

Income$1,956Mortgage P&I$77139%Property Taxes$764%Insurance$633%Management$23512%CapEx$784%Vacancy$593%Maintenance$784%Other$21511%Cash Flow$381

Investment Breakdown

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Purchase Price

$142k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,778

Downpayment

20%

$28,360

Closing costs

1%

$1,418

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,956

Total Expenses

$1,575

Mortgage P&I

39%

$771

Property Taxes

4%

$76

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$235

CapEx

4%

$78

Vacancy

3%

$59

Maintenance

4%

$78

Other

11%

$215

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