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$3,614 (target)

217 Sandy Dr, Ocean Springs, MS 39564

3 beds • 2 baths • 1760 sqft

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This property might be a fair Mid-Term investment with a projected 6.46% first-year return on $79,467 initial cash invested.

6.46%

Cash On Cash

8.58%

Cap Rate

1.38

DSCR

$3,614

Rent

$428

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,614 income − $3,186 expenses = $428 cash flow

Income$3,614Mortgage P&I$1,51942%Property Taxes$3329%Insurance$1053%Management$43412%CapEx$1454%Vacancy$1083%Maintenance$1454%Other$39811%Cash Flow$428

Investment Breakdown

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Purchase Price

$293k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,467

Downpayment

20%

$58,540

Closing costs

1%

$2,927

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,614

Total Expenses

$3,186

Mortgage P&I

42%

$1,519

Property Taxes

9%

$332

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$434

CapEx

4%

$145

Vacancy

3%

$108

Maintenance

4%

$145

Other

11%

$398

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