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$3,270 (target)

3202 Nottingham Rd, Ocean Springs, MS 39564

3 beds • 2 baths • 2020 sqft

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This property could be a profitable Mid-Term investment with a projected 15.99% first-year return on $63,780 initial cash invested.

15.99%

Cash On Cash

12.03%

Cap Rate

1.81

DSCR

$3,270

Rent

$850

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,270 income − $2,420 expenses = $850 cash flow

Income$3,270Mortgage P&I$1,20537%Property Taxes$271%Insurance$762%Management$39212%CapEx$1314%Vacancy$983%Maintenance$1314%Other$36011%Cash Flow$850

Investment Breakdown

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Purchase Price

$218k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,780

Downpayment

20%

$43,600

Closing costs

1%

$2,180

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,270

Total Expenses

$2,420

Mortgage P&I

37%

$1,205

Property Taxes

1%

$27

Home Insurance

2%

$76

HOA

0%

$0

Property Management

12%

$392

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$360

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