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$3,024 (target)

1032 Castine Pointe Blvd, Long Beach, MS 39560

3 beds • 2 baths • 1710 sqft

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This property might be a fair Mid-Term investment with a projected 5.54% first-year return on $74,679 initial cash invested.

5.54%

Cash On Cash

8.31%

Cap Rate

1.33

DSCR

$3,024

Rent

$345

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,024 income − $2,679 expenses = $345 cash flow

Income$3,024Mortgage P&I$1,40246%Property Taxes$1314%Insurance$963%HOA$211%Management$36312%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33311%Cash Flow$345

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,679

Downpayment

20%

$53,980

Closing costs

1%

$2,699

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,024

Total Expenses

$2,679

Mortgage P&I

46%

$1,402

Property Taxes

4%

$131

Home Insurance

3%

$96

HOA

1%

$21

Property Management

12%

$363

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$333

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