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4028 Old Canton Rd, Jackson, MS 39216

4 beds • 5 baths • 6053 sqft

$2,300,000

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This property looks like a bad Long-Term investment with a projected -33.39% first-year return on $483k initial cash invested.

-33.39%

Cash On Cash

-0.97%

Cap Rate

-0.16

DSCR

$2,030

Rent

-$13,441

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$2300k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$483k

Downpayment

20%

$460k

Closing costs

1%

$23,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,030

Total Expenses

$15,471

Mortgage P&I

565%

$11,479

Property Taxes

131%

$2,658

Home Insurance

40%

$805

HOA

0%

$0

Property Management

10%

$203

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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Comparable Property

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2

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5

4

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0.6 mi

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2

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2020

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$2,850

5

4

3030

0.6 mi

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