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$2,625 (target)

311 Saint Augustine Ave, Long Beach, MS 39560

3 beds • 2 baths • 1432 sqft

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This property might be a fair Mid-Term investment with a projected 9.63% first-year return on $59,937 initial cash invested.

9.63%

Cash On Cash

9.91%

Cap Rate

1.55

DSCR

$2,625

Rent

$481

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,625 income − $2,144 expenses = $481 cash flow

Income$2,625Mortgage P&I$1,06340%Property Taxes$1134%Insurance$753%Management$31512%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28911%Cash Flow$481

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,937

Downpayment

20%

$39,940

Closing costs

1%

$1,997

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,625

Total Expenses

$2,144

Mortgage P&I

41%

$1,063

Property Taxes

4%

$113

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$315

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$289

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