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$2,416 (target)

113 Water Oak Dr, Lucedale, MS 39452

3 beds • 2 baths • 1550 sqft

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This property might be a fair Mid-Term investment with a projected 1.09% first-year return on $70,458 initial cash invested.

1.09%

Cash On Cash

6.73%

Cap Rate

1.13

DSCR

$2,416

Rent

$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,416 income − $2,352 expenses = $64 cash flow

Income$2,416Mortgage P&I$1,24051%Property Taxes$1978%Insurance$934%Management$29012%CapEx$974%Vacancy$723%Maintenance$974%Other$26611%Cash Flow$64

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,458

Downpayment

20%

$49,960

Closing costs

1%

$2,498

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,416

Total Expenses

$2,352

Mortgage P&I

51%

$1,240

Property Taxes

8%

$197

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$290

CapEx

4%

$97

Vacancy

3%

$72

Maintenance

4%

$97

Other

11%

$266

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