REI Lense

REI Lense

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$2,265 (target)

901 De La Pointe Dr, Gautier, MS 39553

3 beds • 2 baths • 2291 sqft

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This property could be a profitable Long-Term investment with a projected 49.13% first-year return on $24,108 initial cash invested.

49.13%

Cash On Cash

17.47%

Cap Rate

2.93

DSCR

$2,265

Rent

$987

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,265 income − $1,278 expenses = $987 cash flow

Income$2,265Mortgage P&I$57125%Property Taxes$5Insurance$1145%Management$22610%CapEx$1135%Vacancy$1366%Maintenance$1135%Cash Flow$987

Investment Breakdown

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Purchase Price

$115k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$24,108

Downpayment

20%

$22,960

Closing costs

1%

$1,148

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,265

Total Expenses

$1,278

Mortgage P&I

25%

$571

Property Taxes

0%

$5

Home Insurance

5%

$114

HOA

0%

$0

Property Management

10%

$226

CapEx

5%

$113

Vacancy

6%

$136

Maintenance

5%

$113

Other

0%

$0

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