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$1,941 (target)

1601 Tishomingo St, Corinth, MS 38834

3 beds • 2 baths • 1316 sqft

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This property might be a fair Mid-Term investment with a projected 3.67% first-year return on $57,879 initial cash invested.

3.67%

Cash On Cash

7.97%

Cap Rate

1.25

DSCR

$1,941

Rent

$177

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,879

Downpayment

20%

$37,980

Closing costs

1%

$1,899

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,941

Total Expenses

$1,764

Mortgage P&I

52%

$1,006

Property Taxes

2%

$31

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$233

CapEx

4%

$78

Vacancy

3%

$58

Maintenance

4%

$78

Other

11%

$214

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