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Property details

Beds10
Baths4
Square feet3,383
Year built1954
Property typeMulti Family - 4 Units
CountyJackson County

Proforma Turnkey End Buyer

Cash on Cash18.51%
Cap Rate10.35%
IRR31.55%
DSCR1.84x
ARV$430,000

Purchase & Financing

Purchase price$430,000
Closing costs$8,600
Down payment (25%)$107,500
Loan amount$322,500
Loan points$6,450
Interest rate6.70%
Loan term30 years
Total out of pocket$113,950

Income & Expenses

MonthlyAnnual
Gross rent$5,650$67,800
Vacancy($113)($1,356)
Property taxes($49)($590)
Insurance($183)($2,200)
Maintenance($166)($1,993)
Utilities($108)($1,300)
Net operating income$3,838$46,061
Mortgage (P&I)($2,081)($24,972)
Net cash flow$1,757$21,088

View full proforma & projections

Projections are based on current rent, taxes, insurance and financing assumptions and are estimates only. Verify all figures independently before investing.

About this property

4plex mostly rehabbed and 3/4 units currently rented! CASH COW!

*SELLER TO CONTRIBUTE 2% TOWARDS BUYERS CLOSING COSTS!

3431 Unit A – $1,350 5/1/26 – 5/1/27 (utilities included)
3431 Unit B – $1,200 5/1/26 – 5/1/27(tenant pays an additional $175 to the owner for monthly utilities)
3429 Unit A – $1,550 8/7/26 – 8/7/27 (utilities included)
3429 Unit B – currently vacant just renovated unit, advertising for a tenant for $1,200 plus $175 for utilities.

The owner pays for utilities to make it easier, and then bills the tenants $175 for the monthly utilities.

*FREEE PROPERTY MANAGEMENT FOR THE FIRST 12 MONTHS! After that it is a flat $109 monthly fee.

*90 day warranty on all repairs, 1 year warranty on all major repair items!

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