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2140 N 7th Ave, Laurel, MS 39440

3 beds • 2 baths • 1808 sqft

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This property looks like a bad Airbnb investment with a projected -0.02% first-year return on $69,933 initial cash invested.

-0.02%

Cash On Cash

7.03%

Cap Rate

1.08

DSCR

$2,862

Rent

-$1

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,862 income − $2,863 expenses = $1 out of pocket

Income$2,862Out of Pocket$1Mortgage P&I$1,33647%Property Taxes$662%Insurance$883%Management$42915%CapEx$1144%Maintenance$1144%Other$71625%

Investment Breakdown

|

Purchase Price

$247k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,933

Downpayment

20%

$49,460

Closing costs

1%

$2,473

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,862

Total Expenses

$2,863

Mortgage P&I

47%

$1,336

Property Taxes

2%

$66

Home Insurance

3%

$88

HOA

0%

$0

Property Management

15%

$429

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$716

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