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$2,990 (target)

1884 Schencks St, Biloxi, MS 39531

3 beds • 3 baths • 2149 sqft

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This property could be a profitable Mid-Term investment with a projected 16.5% first-year return on $56,136 initial cash invested.

16.5%

Cash On Cash

12.3%

Cap Rate

1.92

DSCR

$2,990

Rent

$772

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,990 income − $2,218 expenses = $772 cash flow

Income$2,990Mortgage P&I$96932%Property Taxes$1575%Insurance$742%Management$35912%CapEx$1204%Vacancy$903%Maintenance$1204%Other$32911%Cash Flow$772

Investment Breakdown

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Purchase Price

$182k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,136

Downpayment

20%

$36,320

Closing costs

1%

$1,816

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,990

Total Expenses

$2,218

Mortgage P&I

32%

$969

Property Taxes

5%

$157

Home Insurance

2%

$74

HOA

0%

$0

Property Management

12%

$359

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$329

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