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231 Fairway Dr, Pass Christian, MS 39571

3 beds • 3 baths • 2568 sqft

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This property looks like a bad Airbnb investment with a projected -15.1% first-year return on $128k initial cash invested.

-15.1%

Cash On Cash

2.72%

Cap Rate

0.45

DSCR

$3,262

Rent

-$1,614

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,262 income − $4,876 expenses = $1,614 out of pocket

Income$3,262Out of Pocket$1,614Mortgage P&I$2,67682%Property Taxes$42413%Insurance$1846%HOA$271%Management$48915%CapEx$1304%Maintenance$1304%Other$81625%

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,262

Total Expenses

$4,876

Mortgage P&I

82%

$2,676

Property Taxes

13%

$424

Home Insurance

6%

$184

HOA

1%

$27

Property Management

15%

$489

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$816

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