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608 Magnolia Ave, Ocean Springs, MS 39564

3 beds • 2 baths • 2230 sqft

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This property looks like a bad Mid-Term investment with a projected -14.7% first-year return on $197k initial cash invested.

-14.7%

Cash On Cash

2.75%

Cap Rate

0.46

DSCR

$3,664

Rent

-$2,409

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$851k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$197k

Downpayment

20%

$170k

Closing costs

1%

$8,510

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,664

Total Expenses

$6,073

Mortgage P&I

115%

$4,213

Property Taxes

9%

$315

Home Insurance

8%

$298

HOA

0%

$0

Property Management

12%

$440

CapEx

4%

$147

Vacancy

3%

$110

Maintenance

4%

$147

Other

11%

$403

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