REI Lense

REI Lense

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$2,313 (target)

8524 Op La Ct, Diamondhead, MS 39525

3 beds • 2 baths • 1576 sqft

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This property might be a fair Mid-Term investment with a projected 1.24% first-year return on $72,495 initial cash invested.

1.24%

Cash On Cash

6.8%

Cap Rate

1.13

DSCR

$2,313

Rent

$75

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,495

Downpayment

20%

$51,900

Closing costs

1%

$2,595

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,313

Total Expenses

$2,238

Mortgage P&I

56%

$1,302

Property Taxes

3%

$58

Home Insurance

4%

$91

HOA

0%

$0

Property Management

12%

$278

CapEx

4%

$93

Vacancy

3%

$69

Maintenance

4%

$93

Other

11%

$254

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