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$2,973 (target)

231 Kitchings Dr, Clinton, MS 39056

3 beds • 3 baths • sqft

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This property might be a fair Mid-Term investment with a projected 3.95% first-year return on $76,779 initial cash invested.

3.95%

Cash On Cash

8.21%

Cap Rate

1.24

DSCR

$2,973

Rent

$253

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,973 income − $2,720 expenses = $253 cash flow

Income$2,973Mortgage P&I$1,54452%Property Taxes$672%Insurance$983%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32711%Cash Flow$253

Investment Breakdown

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Purchase Price

$280k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,779

Downpayment

20%

$55,980

Closing costs

1%

$2,799

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,973

Total Expenses

$2,720

Mortgage P&I

52%

$1,544

Property Taxes

2%

$67

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$327

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