REI Lense

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$1,809 (target)

100 Runnels Ave, Long Beach, MS 39560

3 beds • 3 baths • 2173 sqft

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This property looks like a bad Mid-Term investment with a projected -23.19% first-year return on $104k initial cash invested.

-23.19%

Cash On Cash

0.45%

Cap Rate

0.07

DSCR

$1,809

Rent

-$2,003

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,809 income − $3,812 expenses = $2,003 out of pocket

Income$1,809Out of Pocket$2,003Mortgage P&I$2,084115%Property Taxes$65936%Insurance$45525%Management$21712%CapEx$724%Vacancy$543%Maintenance$724%Other$19911%

Investment Breakdown

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Purchase Price

$408k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,560

Closing costs

1%

$4,078

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,809

Total Expenses

$3,812

Mortgage P&I

115%

$2,084

Property Taxes

36%

$659

Home Insurance

25%

$455

HOA

0%

$0

Property Management

12%

$217

CapEx

4%

$72

Vacancy

3%

$54

Maintenance

4%

$72

Other

11%

$199

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