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1231 Monroe St, Jackson, MS 39202

3 beds • 2 baths • 1444 sqft

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This property could be a profitable Airbnb investment with a projected 12.41% first-year return on $54,834 initial cash invested.

12.41%

Cash On Cash

10.91%

Cap Rate

1.78

DSCR

$3,257

Rent

$567

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

$54,834

Downpayment

20%

$35,080

Closing costs

1%

$1,754

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$3,257

Total Expenses

$2,690

Mortgage P&I

28%

$897

Property Taxes

5%

$172

Home Insurance

2%

$58

HOA

0%

$0

Property Management

15%

$489

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$814

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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3

2

0.33 mi

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2

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Stylish Home ~ 2 Mi to Jackson State & Belhaven!

$4,160

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3

2

0.6 mi

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4

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1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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