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$3,450 (target)

5871 Highway 305 S, Hernando, MS 38632

3 beds • 2 baths • 2137 sqft

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This property might be a fair Mid-Term investment with a projected 5.8% first-year return on $86,649 initial cash invested.

5.8%

Cash On Cash

8.21%

Cap Rate

1.33

DSCR

$3,450

Rent

$419

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,450 income − $3,031 expenses = $419 cash flow

Income$3,450Mortgage P&I$1,67949%Property Taxes$592%Insurance$1193%Management$41412%CapEx$1384%Vacancy$1043%Maintenance$1384%Other$38011%Cash Flow$419

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,649

Downpayment

20%

$65,380

Closing costs

1%

$3,269

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,450

Total Expenses

$3,031

Mortgage P&I

49%

$1,679

Property Taxes

2%

$59

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$414

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$380

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