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1601 Tishomingo St, Corinth, MS 38834

3 beds • 2 baths • 1316 sqft

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This property looks like a bad Airbnb investment with a projected -0.95% first-year return on $57,879 initial cash invested.

-0.95%

Cash On Cash

6.58%

Cap Rate

1.03

DSCR

$2,032

Rent

-$46

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,032 income − $2,078 expenses = $46 out of pocket

Income$2,032Out of Pocket$46Mortgage P&I$1,00650%Property Taxes$312%Insurance$663%Management$30515%CapEx$814%Maintenance$814%Other$50825%

Investment Breakdown

|

Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,879

Downpayment

20%

$37,980

Closing costs

1%

$1,899

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,032

Total Expenses

$2,078

Mortgage P&I

50%

$1,006

Property Taxes

2%

$31

Home Insurance

3%

$66

HOA

0%

$0

Property Management

15%

$305

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$508

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