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623 42nd Ave, Gulfport, MS 39501

3 beds • 2 baths • 1752 sqft

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This property looks like a bad Mid-Term investment with a projected -8.33% first-year return on $120k initial cash invested.

-8.33%

Cash On Cash

4.25%

Cap Rate

0.71

DSCR

$3,240

Rent

-$835

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$487k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,460

Closing costs

1%

$4,873

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,240

Total Expenses

$4,075

Mortgage P&I

75%

$2,432

Property Taxes

11%

$366

Home Insurance

5%

$175

HOA

0%

$0

Property Management

12%

$389

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$356

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