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207 Longleaf Dr, Petal, MS 39465

3 beds • 3 baths • 2055 sqft

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This property looks like a bad Airbnb investment with a projected -16.07% first-year return on $89,778 initial cash invested.

-16.07%

Cash On Cash

2.24%

Cap Rate

0.36

DSCR

$1,658

Rent

-$1,202

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,658 income − $2,860 expenses = $1,202 out of pocket

Income$1,658Out of Pocket$1,202Mortgage P&I$1,773107%Property Taxes$17010%Insurance$1227%Management$24915%CapEx$664%Maintenance$664%Other$41425%

Investment Breakdown

|

Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,778

Downpayment

20%

$68,360

Closing costs

1%

$3,418

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,658

Total Expenses

$2,860

Mortgage P&I

107%

$1,773

Property Taxes

10%

$170

Home Insurance

7%

$122

HOA

0%

$0

Property Management

15%

$249

CapEx

4%

$66

Vacancy

0%

$0

Maintenance

4%

$66

Other

25%

$414

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