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$3,741 (target)

11492 Memphis Cir, Ocean Springs, MS 39564

3 beds • 2 baths • 1925 sqft

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This property might be a fair Mid-Term investment with a projected 2.43% first-year return on $90,429 initial cash invested.

2.43%

Cash On Cash

7.78%

Cap Rate

1.18

DSCR

$3,741

Rent

$183

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,741 income − $3,558 expenses = $183 cash flow

Income$3,741Mortgage P&I$1,90251%Property Taxes$2226%Insurance$1213%HOA$401%Management$44912%CapEx$1504%Vacancy$1123%Maintenance$1504%Other$41211%Cash Flow$183

Investment Breakdown

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Purchase Price

$345k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,429

Downpayment

20%

$68,980

Closing costs

1%

$3,449

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,741

Total Expenses

$3,558

Mortgage P&I

51%

$1,902

Property Taxes

6%

$222

Home Insurance

3%

$121

HOA

1%

$40

Property Management

12%

$449

CapEx

4%

$150

Vacancy

3%

$112

Maintenance

4%

$150

Other

11%

$412

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