← All properties
Property details
Beds4
Baths1.5
Square feet1,298
Year built1929
Property typeSingle Family
CountyJackson County
Proforma Turnkey End Buyer
Cash on Cash15.66%
Cap Rate9.50%
IRR28.94%
DSCR1.73x
ARV$196,000
Equity$2,000
Purchase & Financing
| Purchase price | $194,000 |
| Closing costs | $3,880 |
| Down payment (25%) | $48,500 |
| Loan amount | $145,500 |
| Loan points | $2,910 |
| Interest rate | 6.50% |
| Loan term | 30 years |
| Total out of pocket | $51,410 |
Income & Expenses
| Monthly | Annual | |
|---|---|---|
| Gross rent | $1,800 | $21,600 |
| Vacancy | ($36) | ($432) |
| Property taxes | ($46) | ($548) |
| Insurance | ($75) | ($900) |
| Maintenance | ($53) | ($635) |
| Net operating income | $1,590 | $19,085 |
| Mortgage (P&I) | ($920) | ($11,036) |
| Net cash flow | $671 | $8,049 |
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
Rehabbed and rented! Lease Term 4/1/26 – 4/1/27
*SELLER TO CONTRIBUTE 2% TOWARDS BUYERS CLOSING COSTS!
*FREE PROPERTY MANAGEMENT FOR THE FIRST 12 MONTHS! LIMITED TIME OFFER! After that it is a flat $109 a month.
*90 day warranty on all repairs, 1 year warranty on all major repair items!