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$3,382 (target)

2615 Dela Dr, Southaven, MS 38672

3 beds • 2 baths • 1871 sqft

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This property might be a fair Mid-Term investment with a projected 6.63% first-year return on $81,840 initial cash invested.

6.63%

Cash On Cash

8.28%

Cap Rate

1.39

DSCR

$3,382

Rent

$452

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,382 income − $2,930 expenses = $452 cash flow

Income$3,382Mortgage P&I$1,51145%Property Taxes$1424%Insurance$1073%HOA$211%Management$40612%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37211%Cash Flow$452

Investment Breakdown

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Purchase Price

$304k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,840

Downpayment

20%

$60,800

Closing costs

1%

$3,040

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,382

Total Expenses

$2,930

Mortgage P&I

45%

$1,511

Property Taxes

4%

$142

Home Insurance

3%

$107

HOA

1%

$21

Property Management

12%

$406

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$372

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