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284 Caroline Blvd, Madison, MS 39110

3 beds • 2 baths • 2255 sqft

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This property looks like a bad Airbnb investment with a projected -4.09% first-year return on $112k initial cash invested.

-4.09%

Cash On Cash

5.31%

Cap Rate

0.91

DSCR

$4,559

Rent

-$382

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$448k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,600

Closing costs

1%

$4,480

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,559

Total Expenses

$4,941

Mortgage P&I

48%

$2,182

Property Taxes

3%

$154

Home Insurance

3%

$157

HOA

6%

$260

Property Management

15%

$684

CapEx

4%

$182

Vacancy

0%

$0

Maintenance

4%

$182

Other

25%

$1,140

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