REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,949 (target)

8709 Arendale Dr, Southaven, MS 38671

3 beds • 2 baths • 1646 sqft

Email

This property looks like a bad Long-Term investment with a projected -3.21% first-year return on $58,275 initial cash invested.

-3.21%

Cash On Cash

5.97%

Cap Rate

0.96

DSCR

$1,949

Rent

-$156

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,949 income − $2,105 expenses = $156 out of pocket

Income$1,949Out of Pocket$156Mortgage P&I$1,44074%Property Taxes$613%Insurance$985%Management$19510%CapEx$975%Vacancy$1176%Maintenance$975%

Investment Breakdown

|

Purchase Price

$278k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,275

Downpayment

20%

$55,500

Closing costs

1%

$2,775

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,949

Total Expenses

$2,105

Mortgage P&I

74%

$1,440

Property Taxes

3%

$61

Home Insurance

5%

$98

HOA

0%

$0

Property Management

10%

$195

CapEx

5%

$97

Vacancy

6%

$117

Maintenance

5%

$97

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis