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$2,506 (target)

3950 Union Ave, Horn Lake, MS 38637

3 beds • 2 baths • 1364 sqft

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This property might be a fair Mid-Term investment with a projected 3.3% first-year return on $66,888 initial cash invested.

3.3%

Cash On Cash

7.77%

Cap Rate

1.23

DSCR

$2,506

Rent

$184

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,506 income − $2,322 expenses = $184 cash flow

Income$2,506Mortgage P&I$1,22449%Property Taxes$1647%Insurance$823%Management$30112%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27611%Cash Flow$184

Investment Breakdown

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Purchase Price

$233k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,888

Downpayment

20%

$46,560

Closing costs

1%

$2,328

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,506

Total Expenses

$2,322

Mortgage P&I

49%

$1,224

Property Taxes

7%

$164

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$301

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$276

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