The aim is to derive an expression to calculate the natural frequencies and plot the mode shapes of a simply-supported beam with an overhang with an end overhang point mass by using the Euler-Bernoulli theory in the case of free transverse vibrations. The results are validated by finite element analysis. The importance of the system presented is that it can represent machine tool spindles or even machining tools like boring bars. The results are in good agreement with the results from the finite element analyses. The derived expression can be used in optimizing the value of the point mass and optimizing the support location for better performance of the system without the need to perform complex analysis to obtain the values of the natural frequencies and to plot the mode shapes.