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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 Long-Term investment with a projected -20.27% first-year return on $179k initial cash invested.

-20.27%

Cash On Cash

1.86%

Cap Rate

0.31

DSCR

$2,443

Rent

-$3,018

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

$179k

Downpayment

20%

$170k

Closing costs

1%

$8,510

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,443

Total Expenses

$5,461

Mortgage P&I

172%

$4,213

Property Taxes

13%

$315

Home Insurance

12%

$298

HOA

0%

$0

Property Management

10%

$244

CapEx

5%

$122

Vacancy

6%

$147

Maintenance

5%

$122

Other

0%

$0

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