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$4,522 (target)

216 Courtenay Ave, Pass Christian, MS 39571

3 beds • 4 baths • 3011 sqft

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This property looks like a bad Mid-Term investment with a projected -6.63% first-year return on $154k initial cash invested.

-6.63%

Cash On Cash

4.89%

Cap Rate

0.8

DSCR

$4,522

Rent

-$853

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,522 income − $5,375 expenses = $853 out of pocket

Income$4,522Out of Pocket$853Mortgage P&I$3,31773%Property Taxes$2936%Insurance$2275%Management$54312%CapEx$1814%Vacancy$1363%Maintenance$1814%Other$49711%

Investment Breakdown

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Purchase Price

$649k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$130k

Closing costs

1%

$6,490

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,522

Total Expenses

$5,375

Mortgage P&I

73%

$3,317

Property Taxes

6%

$293

Home Insurance

5%

$227

HOA

0%

$0

Property Management

12%

$543

CapEx

4%

$181

Vacancy

3%

$136

Maintenance

4%

$181

Other

11%

$497

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