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$3,162 (target)

201 Tarpon St #201, Waveland, MS 39576

3 beds • 2 baths • 1416 sqft

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This property might be a fair Mid-Term investment with a projected 7.04% first-year return on $80,979 initial cash invested.

7.04%

Cash On Cash

8.37%

Cap Rate

1.4

DSCR

$3,162

Rent

$475

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,162 income − $2,687 expenses = $475 cash flow

Income$3,162Mortgage P&I$1,49147%Property Taxes$171%Insurance$1053%Management$37912%CapEx$1264%Vacancy$953%Maintenance$1264%Other$34811%Cash Flow$475

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,162

Total Expenses

$2,687

Mortgage P&I

47%

$1,491

Property Taxes

1%

$17

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$379

CapEx

4%

$126

Vacancy

3%

$95

Maintenance

4%

$126

Other

11%

$348

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