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252 Hoy Farms Dr, Madison, MS 39110

3 beds • 2 baths • 2379 sqft

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This property looks like a bad Airbnb investment with a projected -16.21% first-year return on $115k initial cash invested.

-16.21%

Cash On Cash

2.58%

Cap Rate

0.41

DSCR

$2,945

Rent

-$1,554

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,945 income − $4,499 expenses = $1,554 out of pocket

Income$2,945Out of Pocket$1,554Mortgage P&I$2,43183%Property Taxes$41514%Insurance$1666%HOA$732%Management$44215%CapEx$1184%Maintenance$1184%Other$73625%

Investment Breakdown

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Purchase Price

$462k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,440

Closing costs

1%

$4,622

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,945

Total Expenses

$4,499

Mortgage P&I

83%

$2,431

Property Taxes

14%

$415

Home Insurance

6%

$166

HOA

2%

$73

Property Management

15%

$442

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$736

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