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$2,853 (target)

705 Saint Joseph St, Waveland, MS 39576

3 beds • 2 baths • 1769 sqft

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This property could be a profitable Mid-Term investment with a projected 11.06% first-year return on $62,415 initial cash invested.

11.06%

Cash On Cash

10.33%

Cap Rate

1.61

DSCR

$2,853

Rent

$575

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,853 income − $2,278 expenses = $575 cash flow

Income$2,853Mortgage P&I$1,13240%Property Taxes$963%Insurance$803%Management$34212%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%Cash Flow$575

Investment Breakdown

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Purchase Price

$212k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,415

Downpayment

20%

$42,300

Closing costs

1%

$2,115

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,853

Total Expenses

$2,278

Mortgage P&I

40%

$1,132

Property Taxes

3%

$96

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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