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211 Turnberry Ct, Ocean Springs, MS 39564

3 beds • 2 baths • 1922 sqft

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This property might be a fair Airbnb investment with a projected 6.74% first-year return on $79,950 initial cash invested.

6.74%

Cash On Cash

8.77%

Cap Rate

1.41

DSCR

$4,418

Rent

$449

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,418 income − $3,969 expenses = $449 cash flow

Income$4,418Mortgage P&I$1,53135%Property Taxes$2145%Insurance$1032%Management$66315%CapEx$1774%Maintenance$1774%Other$1,10425%Cash Flow$449

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,418

Total Expenses

$3,969

Mortgage P&I

35%

$1,531

Property Taxes

5%

$214

Home Insurance

2%

$103

HOA

0%

$0

Property Management

15%

$663

CapEx

4%

$177

Vacancy

0%

$0

Maintenance

4%

$177

Other

25%

$1,104

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