REI Lense

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$2,008 (target)

846 Amoka Pl, Diamondhead, MS 39525

3 beds • 3 baths • 2580 sqft

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This property looks like a bad Mid-Term investment with a projected -10.5% first-year return on $81,609 initial cash invested.

-10.5%

Cash On Cash

3.63%

Cap Rate

0.59

DSCR

$2,008

Rent

-$714

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,008 income − $2,722 expenses = $714 out of pocket

Income$2,008Out of Pocket$714Mortgage P&I$1,55177%Property Taxes$22311%Insurance$1497%HOA$1176%Management$24112%CapEx$804%Vacancy$603%Maintenance$804%Other$22111%

Investment Breakdown

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Purchase Price

$303k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,609

Downpayment

20%

$60,580

Closing costs

1%

$3,029

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,008

Total Expenses

$2,722

Mortgage P&I

77%

$1,551

Property Taxes

11%

$223

Home Insurance

7%

$149

HOA

6%

$117

Property Management

12%

$241

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$221

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