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$4,792 (target)

1407 Nicholson Ave, Waveland, MS 39576

3 beds • 3 baths • 1729 sqft

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This property might be a fair Mid-Term investment with a projected 7.97% first-year return on $110k initial cash invested.

7.97%

Cash On Cash

8.68%

Cap Rate

1.41

DSCR

$4,792

Rent

$728

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,792 income − $4,064 expenses = $728 cash flow

Income$4,792Mortgage P&I$2,23347%Property Taxes$461%Insurance$1553%Management$57512%CapEx$1924%Vacancy$1443%Maintenance$1924%Other$52711%Cash Flow$728

Investment Breakdown

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Purchase Price

$436k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,200

Closing costs

1%

$4,360

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,792

Total Expenses

$4,064

Mortgage P&I

47%

$2,233

Property Taxes

1%

$46

Home Insurance

3%

$155

HOA

0%

$0

Property Management

12%

$575

CapEx

4%

$192

Vacancy

3%

$144

Maintenance

4%

$192

Other

11%

$527

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