REI Lense

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$2,016 (target)

1032 Castine Pointe Blvd, Long Beach, MS 39560

3 beds • 2 baths • 1710 sqft

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This property looks like a bad Long-Term investment with a projected -3.37% first-year return on $56,679 initial cash invested.

-3.37%

Cash On Cash

5.98%

Cap Rate

0.96

DSCR

$2,016

Rent

-$159

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,016 income − $2,175 expenses = $159 out of pocket

Income$2,016Out of Pocket$159Mortgage P&I$1,40270%Property Taxes$1316%Insurance$965%HOA$211%Management$20210%CapEx$1015%Vacancy$1216%Maintenance$1015%

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,679

Downpayment

20%

$53,980

Closing costs

1%

$2,699

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,016

Total Expenses

$2,175

Mortgage P&I

70%

$1,402

Property Taxes

7%

$131

Home Insurance

5%

$96

HOA

1%

$21

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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