REI Lense

REI Lense

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Target property

108 Vicksburg Pl, Ocean Springs, MS 39564

3 beds • 2 baths • 1042 sqft

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This property looks like a bad Airbnb investment with a projected -24.1% first-year return on $62,079 initial cash invested.

-24.1%

Cash On Cash

-1.19%

Cap Rate

-0.2

DSCR

$0

Rent

-$1,247

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,079

Downpayment

20%

$41,980

Closing costs

1%

$2,099

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$0

Total Expenses

$1,247

Mortgage P&I

10390000%

$1,039

Property Taxes

1340000%

$134

Home Insurance

740000%

$74

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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