REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,255 (target)

7360 Shearwater Way, Ocean Springs, MS 39564

3 beds • 2 baths • 1706 sqft

Email

This property might be a fair Mid-Term investment with a projected 5.53% first-year return on $79,698 initial cash invested.

5.53%

Cash On Cash

8.25%

Cap Rate

1.33

DSCR

$3,255

Rent

$367

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,255 income − $2,888 expenses = $367 cash flow

Income$3,255Mortgage P&I$1,52447%Property Taxes$1424%Insurance$1053%HOA$10Management$39112%CapEx$1304%Vacancy$983%Maintenance$1304%Other$35811%Cash Flow$367

Investment Breakdown

|

Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,698

Downpayment

20%

$58,760

Closing costs

1%

$2,938

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,255

Total Expenses

$2,888

Mortgage P&I

47%

$1,524

Property Taxes

4%

$142

Home Insurance

3%

$105

HOA

0%

$10

Property Management

12%

$391

CapEx

4%

$130

Vacancy

3%

$98

Maintenance

4%

$130

Other

11%

$358

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis