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429 Buccaneer Dr, Hattiesburg, MS 39402

3 beds • 2 baths • sqft

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This property looks like a bad Long-Term investment with a projected -10.46% first-year return on $76,881 initial cash invested.

-10.46%

Cash On Cash

3.97%

Cap Rate

0.68

DSCR

$1,986

Rent

-$670

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$366k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,881

Downpayment

20%

$73,220

Closing costs

1%

$3,661

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,986

Total Expenses

$2,656

Mortgage P&I

90%

$1,783

Property Taxes

11%

$224

Home Insurance

7%

$133

HOA

0%

$0

Property Management

10%

$199

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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