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$4,359 (target)

717 Thomasville Rd, Florence, MS 39073

3 beds • 3 baths • 2800 sqft

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This property looks like a bad Mid-Term investment with a projected -3.24% first-year return on $131k initial cash invested.

-3.24%

Cash On Cash

5.86%

Cap Rate

0.94

DSCR

$4,359

Rent

-$354

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,359 income − $4,713 expenses = $354 out of pocket

Income$4,359Out of Pocket$354Mortgage P&I$2,81064%Property Taxes$2265%Insurance$1964%Management$52312%CapEx$1744%Vacancy$1313%Maintenance$1744%Other$47911%

Investment Breakdown

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Purchase Price

$538k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,383

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,359

Total Expenses

$4,713

Mortgage P&I

64%

$2,810

Property Taxes

5%

$226

Home Insurance

5%

$196

HOA

0%

$0

Property Management

12%

$523

CapEx

4%

$174

Vacancy

3%

$131

Maintenance

4%

$174

Other

11%

$479

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