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1408 Bennington Dr, Southaven, MS 38671

3 beds • 3 baths • 1700 sqft

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This property looks like a bad Long-Term investment with a projected -8.87% first-year return on $51,261 initial cash invested.

-8.87%

Cash On Cash

4.83%

Cap Rate

0.77

DSCR

$1,550

Rent

-$379

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$244k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,261

Downpayment

20%

$48,820

Closing costs

1%

$2,441

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,550

Total Expenses

$1,929

Mortgage P&I

83%

$1,283

Property Taxes

10%

$154

Home Insurance

6%

$88

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

5270 Algiers Dr, Memphis, TN 38116

$1,345

3

2.5

1784

1.1 mi

1163 Carriage Dr S, Southaven, MS 38671

$1,715

3

2

1725

0.3 mi

8793 Five Oaks Dr W, Southaven, MS 38671

$1,795

3

2

1610

0.2 mi

5374 Jordan Dr, Memphis, TN 38116

$1,281

3

2.5

1546

1.4 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$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

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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