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$2,600 (target)

12231 Shorecrest Rd, Biloxi, MS 39532

3 beds • 2 baths • 1813 sqft

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This property could be a profitable Mid-Term investment with a projected 21.34% first-year return on $44,250 initial cash invested.

21.34%

Cash On Cash

15.34%

Cap Rate

2.26

DSCR

$2,600

Rent

$787

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,600 income − $1,813 expenses = $787 cash flow

Income$2,600Mortgage P&I$70727%Property Taxes$1787%Insurance$442%Management$31212%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28611%Cash Flow$787

Investment Breakdown

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Purchase Price

$125k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,250

Downpayment

20%

$25,000

Closing costs

1%

$1,250

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,600

Total Expenses

$1,813

Mortgage P&I

27%

$707

Property Taxes

7%

$178

Home Insurance

2%

$44

HOA

0%

$0

Property Management

12%

$312

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$286

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