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$2,952 (target)

13239 Old Woolmarket Rd, Biloxi, MS 39532

3 beds • 2 baths • 2838 sqft

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This property looks like a bad Mid-Term investment with a projected -7.74% first-year return on $121k initial cash invested.

-7.74%

Cash On Cash

4.47%

Cap Rate

0.73

DSCR

$2,952

Rent

-$780

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,952 income − $3,732 expenses = $780 out of pocket

Income$2,952Out of Pocket$780Mortgage P&I$2,48884%Property Taxes$682%Insurance$1726%Management$35412%CapEx$1184%Vacancy$893%Maintenance$1184%Other$32511%

Investment Breakdown

|

Purchase Price

$490k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$97,980

Closing costs

1%

$4,899

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,952

Total Expenses

$3,732

Mortgage P&I

84%

$2,488

Property Taxes

2%

$68

Home Insurance

6%

$172

HOA

0%

$0

Property Management

12%

$354

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$325

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