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$2,152 (target)

9308 Alcove Ln, Ocean Springs, MS 39564

3 beds • 2 baths • 2258 sqft

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This property looks like a bad Long-Term investment with a projected -17.27% first-year return on $93,450 initial cash invested.

-17.27%

Cash On Cash

3.28%

Cap Rate

0.5

DSCR

$2,152

Rent

-$1,345

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,152 income − $3,497 expenses = $1,345 out of pocket

Income$2,152Out of Pocket$1,345Mortgage P&I$2,454114%Property Taxes$29814%Insurance$1567%HOA$291%Management$21510%CapEx$1085%Vacancy$1296%Maintenance$1085%

Investment Breakdown

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Purchase Price

$445k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,450

Downpayment

20%

$89,000

Closing costs

1%

$4,450

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,152

Total Expenses

$3,497

Mortgage P&I

114%

$2,454

Property Taxes

14%

$298

Home Insurance

7%

$156

HOA

1%

$29

Property Management

10%

$215

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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