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$2,482 (target)

2313 Paula Cir, Ocean Springs, MS 39564

3 beds • 2 baths • 1314 sqft

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This property might be a fair Mid-Term investment with a projected 3.88% first-year return on $64,557 initial cash invested.

3.88%

Cash On Cash

8.21%

Cap Rate

1.25

DSCR

$2,482

Rent

$209

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,482 income − $2,273 expenses = $209 cash flow

Income$2,482Mortgage P&I$1,20849%Property Taxes$1125%Insurance$803%HOA$301%Management$29812%CapEx$994%Vacancy$743%Maintenance$994%Other$27311%Cash Flow$209

Investment Breakdown

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Purchase Price

$222k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,557

Downpayment

20%

$44,340

Closing costs

1%

$2,217

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,482

Total Expenses

$2,273

Mortgage P&I

49%

$1,208

Property Taxes

5%

$112

Home Insurance

3%

$80

HOA

1%

$30

Property Management

12%

$298

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$273

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