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$2,348 (target)

2909 Williamsburg Rd, Hattiesburg, MS 39402

3 beds • 2 baths • 1230 sqft

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This property might be a fair Mid-Term investment with a projected 8.28% first-year return on $55,338 initial cash invested.

8.28%

Cash On Cash

9.48%

Cap Rate

1.51

DSCR

$2,348

Rent

$382

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,348 income − $1,966 expenses = $382 cash flow

Income$2,348Mortgage P&I$92840%Property Taxes$1757%Insurance$653%Management$28212%CapEx$944%Vacancy$703%Maintenance$944%Other$25811%Cash Flow$382

Investment Breakdown

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Purchase Price

$178k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,338

Downpayment

20%

$35,560

Closing costs

1%

$1,778

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,348

Total Expenses

$1,966

Mortgage P&I

40%

$928

Property Taxes

7%

$175

Home Insurance

3%

$65

HOA

0%

$0

Property Management

12%

$282

CapEx

4%

$94

Vacancy

3%

$70

Maintenance

4%

$94

Other

11%

$258

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