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$1,941 (target)

1702 W Borroum Cir, Corinth, MS 38834

3 beds • 3 baths • 2397 sqft

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This property looks like a bad Mid-Term investment with a projected -0.33% first-year return on $65,250 initial cash invested.

-0.33%

Cash On Cash

6.62%

Cap Rate

1.05

DSCR

$1,941

Rent

-$18

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,941 income − $1,959 expenses = $18 out of pocket

Income$1,941Out of Pocket$18Mortgage P&I$1,18261%Property Taxes$372%Insurance$794%Management$23312%CapEx$784%Vacancy$583%Maintenance$784%Other$21411%

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,941

Total Expenses

$1,959

Mortgage P&I

61%

$1,182

Property Taxes

2%

$37

Home Insurance

4%

$79

HOA

0%

$0

Property Management

12%

$233

CapEx

4%

$78

Vacancy

3%

$58

Maintenance

4%

$78

Other

11%

$214

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