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1032 Castine Pointe Blvd, Long Beach, MS 39560

3 beds • 2 baths • 1710 sqft

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This property might be a fair Airbnb investment with a projected 1.32% first-year return on $74,679 initial cash invested.

1.32%

Cash On Cash

7.19%

Cap Rate

1.15

DSCR

$3,330

Rent

$82

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,330 income − $3,248 expenses = $82 cash flow

Income$3,330Mortgage P&I$1,40242%Property Taxes$1314%Insurance$963%HOA$211%Management$50015%CapEx$1334%Maintenance$1334%Other$83225%Cash Flow$82

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,679

Downpayment

20%

$53,980

Closing costs

1%

$2,699

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,330

Total Expenses

$3,248

Mortgage P&I

42%

$1,402

Property Taxes

4%

$131

Home Insurance

3%

$96

HOA

1%

$21

Property Management

15%

$500

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$832

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