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$4,452 (target)

243 Bayview Dr, Madison, MS 39110

3 beds • 3 baths • 2519 sqft

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This property could be a profitable Mid-Term investment with a projected 10.7% first-year return on $89,190 initial cash invested.

10.7%

Cash On Cash

9.67%

Cap Rate

1.55

DSCR

$4,452

Rent

$795

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,452 income − $3,657 expenses = $795 cash flow

Income$4,452Mortgage P&I$1,75940%Property Taxes$1854%Insurance$1193%HOA$802%Management$53412%CapEx$1784%Vacancy$1343%Maintenance$1784%Other$49011%Cash Flow$795

Investment Breakdown

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Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,190

Downpayment

20%

$67,800

Closing costs

1%

$3,390

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,452

Total Expenses

$3,657

Mortgage P&I

40%

$1,759

Property Taxes

4%

$185

Home Insurance

3%

$119

HOA

2%

$80

Property Management

12%

$534

CapEx

4%

$178

Vacancy

3%

$134

Maintenance

4%

$178

Other

11%

$490

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