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305 Hoffman Ln, Waveland, MS 39576

3 beds • 2 baths • 1602 sqft

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This property looks like a bad Airbnb investment with a projected -18.1% first-year return on $129k initial cash invested.

-18.1%

Cash On Cash

1.74%

Cap Rate

0.29

DSCR

$2,126

Rent

-$1,939

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,126 income − $4,065 expenses = $1,939 out of pocket

Income$2,126Out of Pocket$1,939Mortgage P&I$2,618123%Property Taxes$23411%Insurance$1929%Management$31915%CapEx$854%Maintenance$854%Other$53225%

Investment Breakdown

|

Purchase Price

$527k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$105k

Closing costs

1%

$5,265

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,126

Total Expenses

$4,065

Mortgage P&I

123%

$2,618

Property Taxes

11%

$234

Home Insurance

9%

$192

HOA

0%

$0

Property Management

15%

$319

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$532

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