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243 Bayview Dr, Madison, MS 39110

3 beds • 3 baths • 2519 sqft

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This property looks like a bad Airbnb investment with a projected -3.86% first-year return on $89,190 initial cash invested.

-3.86%

Cash On Cash

5.72%

Cap Rate

0.92

DSCR

$3,570

Rent

-$287

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,570 income − $3,857 expenses = $287 out of pocket

Income$3,570Out of Pocket$287Mortgage P&I$1,75949%Property Taxes$1855%Insurance$1193%HOA$802%Management$53615%CapEx$1434%Maintenance$1434%Other$89225%

Investment Breakdown

|

Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,190

Downpayment

20%

$67,800

Closing costs

1%

$3,390

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,570

Total Expenses

$3,857

Mortgage P&I

49%

$1,759

Property Taxes

5%

$185

Home Insurance

3%

$119

HOA

2%

$80

Property Management

15%

$536

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$892

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