REI Lense

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$1,747 (target)

12314 Evelyn Ave, Biloxi, MS 39532

3 beds • 2 baths • 1603 sqft

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This property looks like a bad Long-Term investment with a projected -14.38% first-year return on $76,461 initial cash invested.

-14.38%

Cash On Cash

3.29%

Cap Rate

0.55

DSCR

$1,747

Rent

-$916

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,461

Downpayment

20%

$72,820

Closing costs

1%

$3,641

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,747

Total Expenses

$2,663

Mortgage P&I

105%

$1,826

Property Taxes

14%

$250

Home Insurance

8%

$133

HOA

0%

$0

Property Management

10%

$175

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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