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$2,342 (target)

8903 Shellflower Dr, Southaven, MS 38671

3 beds • 2 baths • 1960 sqft

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This property looks like a bad Mid-Term investment with a projected -4.34% first-year return on $76,800 initial cash invested.

-4.34%

Cash On Cash

5.83%

Cap Rate

0.88

DSCR

$2,342

Rent

-$278

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,342 income − $2,620 expenses = $278 out of pocket

Income$2,342Out of Pocket$278Mortgage P&I$1,54466%Property Taxes$1818%Insurance$984%Management$28112%CapEx$944%Vacancy$703%Maintenance$944%Other$25811%

Investment Breakdown

|

Purchase Price

$280k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,800

Downpayment

20%

$56,000

Closing costs

1%

$2,800

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,342

Total Expenses

$2,620

Mortgage P&I

66%

$1,544

Property Taxes

8%

$181

Home Insurance

4%

$98

HOA

0%

$0

Property Management

12%

$281

CapEx

4%

$94

Vacancy

3%

$70

Maintenance

4%

$94

Other

11%

$258

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