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$2,498 (target)

7020 Red Bud Ln, Ocean Springs, MS 39564

3 beds • 2 baths • 1202 sqft

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This property could be a profitable Mid-Term investment with a projected 11.2% first-year return on $54,435 initial cash invested.

11.2%

Cash On Cash

10.62%

Cap Rate

1.66

DSCR

$2,498

Rent

$508

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,498 income − $1,990 expenses = $508 cash flow

Income$2,498Mortgage P&I$92837%Property Taxes$1516%Insurance$612%Management$30012%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27511%Cash Flow$508

Investment Breakdown

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Purchase Price

$174k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,435

Downpayment

20%

$34,700

Closing costs

1%

$1,735

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,498

Total Expenses

$1,990

Mortgage P&I

37%

$928

Property Taxes

6%

$151

Home Insurance

2%

$61

HOA

0%

$0

Property Management

12%

$300

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$275

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