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$1,631 (target)

1720 Forrest Hill Dr, Columbus, MS 39701

3 beds • 2 baths • 2326 sqft

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This property could be a profitable Long-Term investment with a projected 52.31% first-year return on $14,910 initial cash invested.

52.31%

Cash On Cash

19.06%

Cap Rate

2.85

DSCR

$1,631

Rent

$650

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,631 income − $981 expenses = $650 cash flow

Income$1,631Mortgage P&I$39624%Property Taxes$1358%Insurance$252%Management$16310%CapEx$825%Vacancy$986%Maintenance$825%Cash Flow$650

Investment Breakdown

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Purchase Price

$71,000

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$14,910

Downpayment

20%

$14,200

Closing costs

1%

$710

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,631

Total Expenses

$981

Mortgage P&I

24%

$396

Property Taxes

8%

$135

Home Insurance

2%

$25

HOA

0%

$0

Property Management

10%

$163

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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