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$2,868 (target)

2621 Beach View Dr, Ocean Springs, MS 39564

3 beds • 2 baths • 1752 sqft

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This property might be a fair Mid-Term investment with a projected 3.12% first-year return on $75,750 initial cash invested.

3.12%

Cash On Cash

7.98%

Cap Rate

1.21

DSCR

$2,868

Rent

$197

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,868 income − $2,671 expenses = $197 cash flow

Income$2,868Mortgage P&I$1,51753%Property Taxes$833%Insurance$963%Management$34412%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31511%Cash Flow$197

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,868

Total Expenses

$2,671

Mortgage P&I

53%

$1,517

Property Taxes

3%

$83

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$344

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$315

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