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$2,919 (target)

507 Ridgeway Dr, Brandon, MS 39047

3 beds • 2 baths • 1233 sqft

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This property could be a profitable Mid-Term investment with a projected 12.4% first-year return on $62,919 initial cash invested.

12.4%

Cash On Cash

10.85%

Cap Rate

1.66

DSCR

$2,919

Rent

$650

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,919 income − $2,269 expenses = $650 cash flow

Income$2,919Mortgage P&I$1,16740%Property Taxes$321%Insurance$773%Management$35012%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32111%Cash Flow$650

Investment Breakdown

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Purchase Price

$214k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,919

Downpayment

20%

$42,780

Closing costs

1%

$2,139

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,919

Total Expenses

$2,269

Mortgage P&I

40%

$1,167

Property Taxes

1%

$32

Home Insurance

3%

$77

HOA

0%

$0

Property Management

12%

$350

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$321

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