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$1,598 (target)

261 Lake Dr, Pontotoc, MS 38863

3 beds • 2 baths • 1208 sqft

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This property looks like a bad Mid-Term investment with a projected -5.49% first-year return on $63,990 initial cash invested.

-5.49%

Cash On Cash

5.06%

Cap Rate

0.8

DSCR

$1,598

Rent

-$293

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,598 income − $1,891 expenses = $293 out of pocket

Income$1,598Out of Pocket$293Mortgage P&I$1,15272%Property Taxes$1187%Insurance$775%Management$19212%CapEx$644%Vacancy$483%Maintenance$644%Other$17611%

Investment Breakdown

|

Purchase Price

$219k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,990

Downpayment

20%

$43,800

Closing costs

1%

$2,190

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,598

Total Expenses

$1,891

Mortgage P&I

72%

$1,152

Property Taxes

7%

$118

Home Insurance

5%

$77

HOA

0%

$0

Property Management

12%

$192

CapEx

4%

$64

Vacancy

3%

$48

Maintenance

4%

$64

Other

11%

$176

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