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7212 Swinnea Rdg N, Southaven, MS 38671

3 beds • 3 baths • 1684 sqft

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This property looks like a bad Long-Term investment with a projected -7.58% first-year return on $56,679 initial cash invested.

-7.58%

Cash On Cash

4.8%

Cap Rate

0.8

DSCR

$1,810

Rent

-$358

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,679

Downpayment

20%

$53,980

Closing costs

1%

$2,699

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,810

Total Expenses

$2,168

Mortgage P&I

74%

$1,347

Property Taxes

10%

$177

Home Insurance

5%

$94

HOA

4%

$80

Property Management

10%

$181

CapEx

5%

$90

Vacancy

6%

$109

Maintenance

5%

$90

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

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2

1661

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2

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1.3 mi

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2

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0.6 mi

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2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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