$1,100,000
Investment Summary
- Monthly Cash Flow
- -$2,290
- Cap Rate
- 3.8%
- Cash-on-Cash Return
- -10.9%
- Debt Coverage Ratio
- 0.60
- Internal Rate of Return (5 years)
- -6.5%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Property Description
Escape to Your Own Private Sanctuary: The Bella Roy Estate Imagine a home where modern luxury seamlessly blends with old-world charm. The Bella Roy Estate offers exactly that - a haven of elegance and comfort designed for today's family while whispering stories of a timeless past. Exterior: Curb Appeal that Captivates: The stately facade, adorned with classic Chicago brick accents and a warm, inviting smeared brick finish, will take your breath away. Nature's Grand Spectacle: Wake up to stunning scenic views and an abundance of wildlife right outside your window. Every day feels like a retreat. Living Room: Gather Around the Hearth: Cozy up with loved ones beside the elegant cast limestone and travertine fireplace. The vented gas logs create a warm and inviting ambiance on chilly evenings. Timeless Elegance Underfoot: Durable and beautiful 18x18 Turkish travertine floor tiles, accented with Dark Emprador marble inserts, add a touch of old-world sophistication. A Grand Statement: Two exquisite black chandeliers grace the vaulted ceiling, casting a warm glow over all your gatherings. Chef's Dream Kitchen: Culinary Masterpiece: This kitchen is a haven for any aspiring chef, featuring custom-refinished armoires from the iconic Beau Rivage Hotel and Casino. Heavy-duty drawers accommodate even your heaviest cast iron cookware. A Focal Point of Artistry: The custom copper vent hood, ornate applique, and copper glass backsplash is a true work of art. Hidden Treasures: A secret Viking refrigerator clad in wood and a separate under-counter freezer provide ample space for all your culinary delights. Island Oasis: The massive island boasts a hammered copper double bowl sink, integrated microwave and dishwasher, and ample storage. Efficient and Stylish: The custom pantry/laundry room seamlessly combines functionality and design, with a convenient undercabinet washer and dryer. Master Suite: Your Personal Retreat Spacious and Serene: The oversized master bedroom is a true sanctuary, complete with two armoires, a cozy sitting area, hand-painted crown molding, and a sparkling chandelier. Spa-Like Bathroom: Unwind in the luxurious undermount soaking tub, crowned by an elegant granite surround and a shimmering chandelier. The custom shower, with granite and tumbled travertine, is as durable as it is beautiful. Dream Closet: A meticulously designed, Individual custom-built closets offers ample space and organization for your entire wardrobe. Powder Room: A Jewel Box of Detail Uniquely Yours: Hand-painted walls with textured peacock feather inlays create a stunning backdrop for the repurposed furniture cabinet, granite countertop, and undermount flamed copper sink. Throughout the Home: Grand Staircase: Ascend the Turkish travertine slab staircase, framed by elegant custom black iron railings. Upstairs Oasis: Three spacious bedrooms, each with Turkish travertine floors and custom showers, provide comfort and privacy for family and guests. Third Floor Fun: A large bonus/family room on the third floor is the perfect space for games, movies, or simply relaxing with loved ones. Outdoor Living at its Finest: Entertainer's Delight: The oversized covered back porch is an extension of your living space, featuring a custom-made porch bed swing, an Old Chicago brick fireplace that is wood burning, and a mounted TV - perfect for game day gatherings or cozy evenings under the stars. Did I mention that this home comes with a Whole House Generator - Enjoy peace of mind with a reliable backup generator to power your entire home during any power outage. If this wasnt enough this home has a separate Barndominium with full kitchen,living room, bedroom and bathroom. There is a workshop for all the equipment and projects you might have. The Bella Roy Estate is more than just a home; it's a lifestyle. Come experience the perfect blend of modern convenience and timeless elegance.
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Location
Property Details
Parking
- Description: Attached, Circular Driveway, Electric Gate, Gated, RV Garage
- Details: Attached, Circular Driveway, Electric Gate, Gated, RV Garage
- Garage Spaces: 4
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 4
Bathroom Information
- # of Baths (Full): 3
- # of Baths (Partial): 1
- # of Baths (Total): 4.0
Interior Features
- # of Rooms: 9
- # of Stories: 1
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Brick Veneer
- Foundation: Slab
- Roof Type: Hip
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: P0100003400020
- Lot Size: 522720 sqft
Property Information
- Property Type: Single Family Residence
- Year Built: 2007
Tax Information
- Annual Tax: $4,936
Utilities
- Water & Sewer: Public
- Heating: Exhaust Fan, Central, Electric, Fireplace(s), Propane
- Cooling: Ceiling Fan(s), Central Air, Electric, Exhaust Fan, Multi Units
Location
- County: Rankin
Listing Details
Investment Summary
- Monthly Cash Flow
- -$2,290
- Cap Rate
- 3.8%
- Cash-on-Cash Return
- -10.9%
- Debt Coverage Ratio
- 0.60
- Internal Rate of Return (5 years)
- -6.5%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Purchase Details
Purchase PriceThe price paid for the property. Purchase price:
| $1,100,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$880,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $220,000 |
Closing CostsFees and expenses associated with purchasing a property, typically ranging from 2% to 5% of the home’s purchase price, paid at the end of a home purchase to cover services like lending, title transfer, and taxes. Closing costs:
| $33,000 |
Rehab CostsCosts incurred to repair or improve the property, including: roof, flooring, exterior siding, kitchen, exterior paint, bathrooms, etc. Rehab costs:
| $0 |
Initial Cash InvestedThe total initial cash invested in the property. Calculation:Down payment + Buying costs + Rehab costs Initial cash invested:
| $253,000 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 0 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| n/a |
Monthly Rent Per Square FootMonthly rent divided by the number of square feet. This ratio helps investors compare rental income efficiency across properties, markets, and unit sizes Calculation:Monthly Rent / Square Feet Monthly rent per square foot:
| n/a |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $880,000 |
|---|---|
Loan to Value Ratio (LTV)Loan amount divided by the market value of the property. Calculation:Loan Amount / Market Value
Loan to value ratio:
| 80.0% |
Loan TypeThe type of loan (e.g., fixed, adjustable).
Loan type:
| Amortizing |
TermThe loan repayment period in years.
Term:
| 30 years |
Interest RateThe percentage a lender charges on the borrowed amount of a loan, determining the cost of borrowing money.
Interest rate:
| 6.810% |
Principal & Interest (PI)The principal is the portion of the loan payment that reduces the loan balance. The interest is the lender's charge for borrowing money. Calculation:(P * r * (1 + r) ** n) / ((1 + r) ** n - 1) Where:
P = Loan amount (principal)
Principal & interest:
| $5,743 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $411 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified.
Insurance:
| $392 |
Private Mortgage Insurance (PMI)A fee that borrowers pay when they take out a conventional loan with a loan-to-value (LTV) ratio above 80%.
Private mortgage insurance (PMI):
| $0 |
Monthly PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. Monthly payment:
| $6,546 |
Operating Income
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Gross RentThe total rental income received from tenants before deducting any expenses. Includes base rent, late fees, pet fees, parking fees, and other recurring charges.
Gross rent:
| $5,600 | $67,200 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$336 | -$4,032 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $5,264 | $63,168 |
Operating Expenses
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services. | 7% | -$411 | -$4,936 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified. | 7% | -$392 | -$4,704 |
Property ManagementThe costs associated with hiring a property manager to handle the day-to-day operations of a rental property. Includes management fees, leasing fes, eviction fees, etc. Calculation:Assumes 8% of gross rental income. | 8% | -$448 | -$5,376 |
Repairs & MaintenanceOngoing costs for routine upkeep and minor fixes needed to keep a property in good working condition. Calculation:Assumes 5% of gross rental income. Varies by property age and condition. | 5% | -$280 | -$3,360 |
Capital ExpensesLarge, infrequent costs for major improvements or replacements, like a new roof, HVAC system, or appliances. Calculation:Assumes 5% of gross rental income. Varies by property age. | 5% | -$280 | -$3,360 |
HOA FeesRegular dues paid to a Homeowners Association for community maintenance, amenities, and management. Similar fees include: Condo Association Fees, Co-op Maintenance Fees, etc. | n/a | n/a | n/a |
Operating ExpensesRecurring costs required to maintain and manage a rental property, including property taxes, insurance, maintenance, repairs, utilities (if paid by the owner), property management fees, and other day-to-day expenses. Calculation:Insurance + Property Taxes + Property Management + Repairs & Maintenance + Capital Expenditures + HOA Fees | 32% | -$1,811 | -$21,736 |
Cash Flow
| Monthly | Yearly | |
|---|---|---|
Net Operating Income (NOI)The income generated from a property after deducting all operating expenses but before deducting mortgage payments, taxes, and capital expenditures. Calculation:Gross Operating Income - Operating Expenses
Net operating income:
| $3,453 | $41,436 |
Mortgage PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. | -$5,743 | -$68,916 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $2,290 | $27,480 |