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2506 Fortson St, Gulfport, MS 39503

3 beds • 2 baths • 1517 sqft

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This property looks like a bad Airbnb investment with a projected -6.76% first-year return on $55,884 initial cash invested.

-6.76%

Cash On Cash

4.42%

Cap Rate

0.72

DSCR

$1,552

Rent

-$315

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,884

Downpayment

20%

$36,080

Closing costs

1%

$1,804

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,552

Total Expenses

$1,867

Mortgage P&I

59%

$918

Property Taxes

9%

$136

Home Insurance

4%

$68

HOA

0%

$0

Property Management

15%

$233

CapEx

4%

$62

Vacancy

0%

$0

Maintenance

4%

$62

Other

25%

$388

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