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4613 Ridge Rd, Columbus, MS 39705

3 beds • 2 baths • 2054 sqft

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This property looks like a bad Long-Term investment with a projected -3.89% first-year return on $57,309 initial cash invested.

-3.89%

Cash On Cash

5.58%

Cap Rate

0.93

DSCR

$1,850

Rent

-$186

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$273k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,309

Downpayment

20%

$54,580

Closing costs

1%

$2,729

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,850

Total Expenses

$2,036

Mortgage P&I

74%

$1,362

Property Taxes

5%

$94

Home Insurance

5%

$100

HOA

0%

$0

Property Management

10%

$185

CapEx

5%

$92

Vacancy

6%

$111

Maintenance

5%

$92

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

67 Carolina Dr, Columbus, MS 39705

$1,800

3

2

2188

0.2 mi

58 Regent Ln, Columbus, MS 39705

$2,300

3

2

1939

0.8 mi

62 Regent Ln, Columbus, MS 39705

$2,100

3

2

1923

0.8 mi

600 Oakdale Dr, Columbus, MS 39705

$1,950

3

2

1950

2 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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