1 / 25
$204,900
21d
-$57/mo
Estimated monthly Section 8 cashflow
2940 Brook Cv, Horn Lake, MS 38637
Horn Lake, MS 38637
3 bd · 2 ba · 1,617 sqft · Built 1991
Est. rent $1,850/mo · ZIP-level SAFMR
2940 Brook Cv, Horn Lake, MS 38637
Horn Lake, MS 38637
-$57/mo
3 bd · 2 ba · 1,617 sqft · Built 1991
Est. rent $1,850/mo · ZIP-level SAFMR
Fair Market Rent
3-bedroom · this ZIP
2024—
2025$1,880
2026$1,850
Housing authority
- MS062The Housing Authority of the City of Holly Springs700 Highway 4 E, Holly Springs, MS, 38635Phone6012522971Vouchers90 vouchers
Area statistics
ACS 2022Median income
$57k
Median home value
$146k
Population
27k
Homeownership
58.8%
Avg DOM
21
Market rent
—
Estimated monthly cashflow
-$57
Cap rate5.8%Cash-on-cash-1.2%DSCR0.95
Estimates only, based on HUD FMR and conservative defaults. Verify all numbers independently. Not investment advice.
5-year projection
FRED-drivenTotal cashflow
$7,504
Appreciation
$32,635
Total return
70%
Annualized IRR
11.2%
| Yr | Rent | NOI | Cashflow | Value |
|---|---|---|---|---|
| 1 | $23,141 | $12,516 | -$2 | $211,047 |
| 2 | $24,122 | $13,231 | $714 | $217,378 |
| 3 | $25,145 | $13,982 | $1,464 | $223,900 |
| 4 | $26,211 | $14,769 | $2,251 | $230,617 |
| 5 | $27,322 | $15,594 | $3,076 | $237,535 |
Rent growth 4.2% · Trailing 36-month CAGR of CPI rent of primary residence (capped to 1.5–7.0%).
Appreciation 3.0% · Fallback — HPI series not yet ingested.
Mortgage rate 6.51% · Latest Freddie Mac PMMS 30-year fixed (FRED MORTGAGE30US).
Year 5 value $237,535. Excludes principal paydown and resale costs. Estimates only.
Location
Safety
FBI 2025Safety index
7.6/ 10
Violent / 100k
222
Property / 100k
1,272
Description
-$57/mo
$204,900