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$3,015 (target)

216 Courtenay Ave, Pass Christian, MS 39571

3 beds • 4 baths • 3011 sqft

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This property looks like a bad Long-Term investment with a projected -14.15% first-year return on $136k initial cash invested.

-14.15%

Cash On Cash

3.44%

Cap Rate

0.56

DSCR

$3,015

Rent

-$1,607

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,015 income − $4,622 expenses = $1,607 out of pocket

Income$3,015Out of Pocket$1,607Mortgage P&I$3,317110%Property Taxes$29310%Insurance$2278%Management$30210%CapEx$1515%Vacancy$1816%Maintenance$1515%

Investment Breakdown

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Purchase Price

$649k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$130k

Closing costs

1%

$6,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,015

Total Expenses

$4,622

Mortgage P&I

110%

$3,317

Property Taxes

10%

$293

Home Insurance

8%

$227

HOA

0%

$0

Property Management

10%

$302

CapEx

5%

$151

Vacancy

6%

$181

Maintenance

5%

$151

Other

0%

$0

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