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$3,284 (target)

15116 Clear Springs Dr, Biloxi, MS 39532

3 beds • 2 baths • 2109 sqft

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This property might be a fair Mid-Term investment with a projected 5.49% first-year return on $85,179 initial cash invested.

5.49%

Cash On Cash

7.92%

Cap Rate

1.33

DSCR

$3,284

Rent

$390

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,284 income − $2,894 expenses = $390 cash flow

Income$3,284Mortgage P&I$1,59048%Property Taxes$722%Insurance$1164%Management$39412%CapEx$1314%Vacancy$993%Maintenance$1314%Other$36111%Cash Flow$390

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,179

Downpayment

20%

$63,980

Closing costs

1%

$3,199

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,284

Total Expenses

$2,894

Mortgage P&I

48%

$1,590

Property Taxes

2%

$72

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$394

CapEx

4%

$131

Vacancy

3%

$99

Maintenance

4%

$131

Other

11%

$361

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