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2212 Paula Cir, Ocean Springs, MS 39564

3 beds • 2 baths • 1374 sqft

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This property looks like a bad Airbnb investment with a projected -1.46% first-year return on $64,788 initial cash invested.

-1.46%

Cash On Cash

6.54%

Cap Rate

1.02

DSCR

$2,582

Rent

-$79

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,582 income − $2,661 expenses = $79 out of pocket

Income$2,582Out of Pocket$79Mortgage P&I$1,19046%Property Taxes$1175%Insurance$803%HOA$351%Management$38715%CapEx$1034%Maintenance$1034%Other$64625%

Investment Breakdown

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Purchase Price

$223k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,788

Downpayment

20%

$44,560

Closing costs

1%

$2,228

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,582

Total Expenses

$2,661

Mortgage P&I

46%

$1,190

Property Taxes

5%

$117

Home Insurance

3%

$80

HOA

1%

$35

Property Management

15%

$387

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$646

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