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$3,676 (target)

6836 Biddix Evans Rd, Ocean Springs, MS 39564

3 beds • 2 baths • 2010 sqft

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This property might be a fair Mid-Term investment with a projected 8.09% first-year return on $81,315 initial cash invested.

8.09%

Cash On Cash

9.39%

Cap Rate

1.42

DSCR

$3,676

Rent

$548

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,676 income − $3,128 expenses = $548 cash flow

Income$3,676Mortgage P&I$1,66345%Property Taxes$1093%Insurance$1073%Management$44112%CapEx$1474%Vacancy$1103%Maintenance$1474%Other$40411%Cash Flow$548

Investment Breakdown

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Purchase Price

$302k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,315

Downpayment

20%

$60,300

Closing costs

1%

$3,015

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,676

Total Expenses

$3,128

Mortgage P&I

45%

$1,663

Property Taxes

3%

$109

Home Insurance

3%

$107

HOA

0%

$0

Property Management

12%

$441

CapEx

4%

$147

Vacancy

3%

$110

Maintenance

4%

$147

Other

11%

$404

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