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1231 Monroe St, Jackson, MS 39202

3 beds • 2 baths • 1444 sqft

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This property might be a fair Long-Term investment with a projected 3.78% first-year return on $36,834 initial cash invested.

3.78%

Cash On Cash

7.51%

Cap Rate

1.22

DSCR

$1,680

Rent

$116

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,834

Downpayment

20%

$35,080

Closing costs

1%

$1,754

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,680

Total Expenses

$1,564

Mortgage P&I

53%

$897

Property Taxes

10%

$172

Home Insurance

3%

$58

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

219 Stonewall St, Jackson, MS 39216

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2

1447

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2

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2

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3

2

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1.6 mi

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1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

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$2,850

5

4

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0.6 mi

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2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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