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$4,990 (target)

343 Lovers Ln, Ocean Springs, MS 39564

3 beds • 5 baths • 4000 sqft

$1,995,000

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This property looks like a bad Mid-Term investment with a projected -22.4% first-year return on $437k initial cash invested.

-22.4%

Cash On Cash

1.31%

Cap Rate

0.21

DSCR

$4,990

Rent

-$8,155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,990 income − $13,145 expenses = $8,155 out of pocket

Income$4,990Out of Pocket$8,155Mortgage P&I$10,130203%Property Taxes$61912%Insurance$69814%Management$59912%CapEx$2004%Vacancy$1503%Maintenance$2004%Other$54911%

Investment Breakdown

|

Purchase Price

$1995k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$437k

Downpayment

20%

$399k

Closing costs

1%

$19,950

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,990

Total Expenses

$13,145

Mortgage P&I

203%

$10,130

Property Taxes

12%

$619

Home Insurance

14%

$698

HOA

0%

$0

Property Management

12%

$599

CapEx

4%

$200

Vacancy

3%

$150

Maintenance

4%

$200

Other

11%

$549

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