REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1197 Highway 2, Corinth, MS 38834

3 beds • 2 baths • 2134 sqft

Email

This property looks like a bad Airbnb investment with a projected -6.7% first-year return on $71,277 initial cash invested.

-6.7%

Cash On Cash

4.59%

Cap Rate

0.76

DSCR

$2,073

Rent

-$398

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,073 income − $2,471 expenses = $398 out of pocket

Income$2,073Out of Pocket$398Mortgage P&I$1,28662%Property Taxes$914%Insurance$995%Management$31115%CapEx$834%Maintenance$834%Other$51825%

Investment Breakdown

|

Purchase Price

$254k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,277

Downpayment

20%

$50,740

Closing costs

1%

$2,537

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,073

Total Expenses

$2,471

Mortgage P&I

62%

$1,286

Property Taxes

4%

$91

Home Insurance

5%

$99

HOA

0%

$0

Property Management

15%

$311

CapEx

4%

$83

Vacancy

0%

$0

Maintenance

4%

$83

Other

25%

$518

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis