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$3,344 (target)

1015 Riverchase North Dr, Brandon, MS 39047

3 beds • 2 baths • 1748 sqft

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This property might be a fair Mid-Term investment with a projected 7.18% first-year return on $75,393 initial cash invested.

7.18%

Cash On Cash

8.79%

Cap Rate

1.41

DSCR

$3,344

Rent

$451

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,344 income − $2,893 expenses = $451 cash flow

Income$3,344Mortgage P&I$1,41842%Property Taxes$2407%Insurance$983%Management$40112%CapEx$1344%Vacancy$1003%Maintenance$1344%Other$36811%Cash Flow$451

Investment Breakdown

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Purchase Price

$273k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,393

Downpayment

20%

$54,660

Closing costs

1%

$2,733

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,344

Total Expenses

$2,893

Mortgage P&I

42%

$1,418

Property Taxes

7%

$240

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$401

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$368

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