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24044 Highway 157, Springhill, LA 71075

3 beds • 2 baths • 1885 sqft

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This property might be a fair Airbnb investment with a projected 5.59% first-year return on $46,329 initial cash invested.

5.59%

Cash On Cash

8.82%

Cap Rate

1.43

DSCR

$2,031

Rent

$216

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,031 income − $1,815 expenses = $216 cash flow

Income$2,031Mortgage P&I$69434%Property Taxes$995%Insurance$472%Management$30515%CapEx$814%Maintenance$814%Other$50825%Cash Flow$216

Investment Breakdown

|

Purchase Price

$135k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,329

Downpayment

20%

$26,980

Closing costs

1%

$1,349

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,031

Total Expenses

$1,815

Mortgage P&I

34%

$694

Property Taxes

5%

$99

Home Insurance

2%

$47

HOA

0%

$0

Property Management

15%

$305

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$508

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