REI Lense

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$2,734 (target)

1019 Cardinal Cv, Ocean Springs, MS 39564

3 beds • 2 baths • 2378 sqft

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This property looks like a bad Long-Term investment with a projected -3.76% first-year return on $79,212 initial cash invested.

-3.76%

Cash On Cash

5.87%

Cap Rate

0.94

DSCR

$2,734

Rent

-$248

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,734 income − $2,982 expenses = $248 out of pocket

Income$2,734Out of Pocket$248Mortgage P&I$1,95772%Property Taxes$1787%Insurance$1365%Management$27310%CapEx$1375%Vacancy$1646%Maintenance$1375%

Investment Breakdown

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Purchase Price

$377k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,212

Downpayment

20%

$75,440

Closing costs

1%

$3,772

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,734

Total Expenses

$2,982

Mortgage P&I

72%

$1,957

Property Taxes

7%

$178

Home Insurance

5%

$136

HOA

0%

$0

Property Management

10%

$273

CapEx

5%

$137

Vacancy

6%

$164

Maintenance

5%

$137

Other

0%

$0

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