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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 3.92% first-year return on $76,800 initial cash invested.

3.92%

Cash On Cash

7.76%

Cap Rate

1.28

DSCR

$3,614

Rent

$251

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

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

$3,614

Total Expenses

$3,363

Mortgage P&I

39%

$1,414

Property Taxes

3%

$115

Home Insurance

3%

$98

HOA

0%

$0

Property Management

15%

$542

CapEx

4%

$145

Vacancy

0%

$0

Maintenance

4%

$145

Other

25%

$904

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