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$3,188 (target)

516 Maple St, Ocean Springs, MS 39564

3 beds • 2 baths • 1564 sqft

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This property might be a fair Mid-Term investment with a projected 7.43% first-year return on $73,650 initial cash invested.

7.43%

Cash On Cash

8.95%

Cap Rate

1.42

DSCR

$3,188

Rent

$456

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,188 income − $2,732 expenses = $456 cash flow

Income$3,188Mortgage P&I$1,39344%Property Taxes$1605%Insurance$933%Management$38312%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35111%Cash Flow$456

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,188

Total Expenses

$2,732

Mortgage P&I

44%

$1,393

Property Taxes

5%

$160

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$383

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$351

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