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1599 Madison Cv, Southaven, MS 38671

3 beds • 2 baths • 1699 sqft

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This property might be a fair Airbnb investment with a projected 4.86% first-year return on $76,800 initial cash invested.

4.86%

Cash On Cash

8.03%

Cap Rate

1.33

DSCR

$3,727

Rent

$311

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,727 income − $3,416 expenses = $311 cash flow

Income$3,727Mortgage P&I$1,41438%Property Taxes$1153%Insurance$983%Management$55915%CapEx$1494%Maintenance$1494%Other$93225%Cash Flow$311

Investment Breakdown

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Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,800

Downpayment

20%

$56,000

Closing costs

1%

$2,800

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,727

Total Expenses

$3,416

Mortgage P&I

38%

$1,414

Property Taxes

3%

$115

Home Insurance

3%

$98

HOA

0%

$0

Property Management

15%

$559

CapEx

4%

$149

Vacancy

0%

$0

Maintenance

4%

$149

Other

25%

$932

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