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701 6th Ave N, Columbus, MS 39701

3 beds • 2 baths • 1670 sqft

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This property might be a fair Mid-Term investment with a projected 6.04% first-year return on $51,474 initial cash invested.

6.04%

Cash On Cash

8.91%

Cap Rate

1.4

DSCR

$1,899

Rent

$259

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$159k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,474

Downpayment

20%

$31,880

Closing costs

1%

$1,594

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,899

Total Expenses

$1,640

Mortgage P&I

45%

$848

Property Taxes

5%

$88

Home Insurance

3%

$58

HOA

0%

$0

Property Management

12%

$228

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$209

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