REI Lense

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$1,958 (target)

7713 W Falcon Cir, Ocean Springs, MS 39564

3 beds • 2 baths • 1546 sqft

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This property might be a fair Long-Term investment with a projected 0.13% first-year return on $53,970 initial cash invested.

0.13%

Cash On Cash

6.54%

Cap Rate

1.08

DSCR

$1,958

Rent

$6

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,958 income − $1,952 expenses = $6 cash flow

Income$1,958Mortgage P&I$1,29666%Property Taxes$543%Insurance$935%Management$19610%CapEx$985%Vacancy$1176%Maintenance$985%Cash Flow$6

Investment Breakdown

|

Purchase Price

$257k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,970

Downpayment

20%

$51,400

Closing costs

1%

$2,570

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,958

Total Expenses

$1,952

Mortgage P&I

66%

$1,296

Property Taxes

3%

$54

Home Insurance

5%

$93

HOA

0%

$0

Property Management

10%

$196

CapEx

5%

$98

Vacancy

6%

$117

Maintenance

5%

$98

Other

0%

$0

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