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$2,240 (target)

1976 Cresthill Dr N, Southaven, MS 38671

3 beds • 2 baths • 1261 sqft

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This property might be a fair Mid-Term investment with a projected 7.32% first-year return on $57,018 initial cash invested.

7.32%

Cash On Cash

9.36%

Cap Rate

1.43

DSCR

$2,240

Rent

$348

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,240 income − $1,892 expenses = $348 cash flow

Income$2,240Mortgage P&I$1,01145%Property Taxes$532%Insurance$663%Management$26912%CapEx$904%Vacancy$673%Maintenance$904%Other$24611%Cash Flow$348

Investment Breakdown

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Purchase Price

$186k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,018

Downpayment

20%

$37,160

Closing costs

1%

$1,858

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,240

Total Expenses

$1,892

Mortgage P&I

45%

$1,011

Property Taxes

2%

$53

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$269

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$246

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