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$2,808 (target)

105 Michael St, Tupelo, MS 38801

3 beds • 2 baths • 2217 sqft

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This property might be a fair Mid-Term investment with a projected 9.77% first-year return on $61,050 initial cash invested.

9.77%

Cash On Cash

10.26%

Cap Rate

1.53

DSCR

$2,808

Rent

$497

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,808 income − $2,311 expenses = $497 cash flow

Income$2,808Mortgage P&I$1,14341%Property Taxes$1425%Insurance$723%Management$33712%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30911%Cash Flow$497

Investment Breakdown

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Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,050

Downpayment

20%

$41,000

Closing costs

1%

$2,050

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,808

Total Expenses

$2,311

Mortgage P&I

41%

$1,143

Property Taxes

5%

$142

Home Insurance

3%

$72

HOA

0%

$0

Property Management

12%

$337

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$309

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