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3108 Sydney St, Ocean Springs, MS 39564

3 beds • 2 baths • 1503 sqft

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This property looks like a bad Airbnb investment with a projected -4.93% first-year return on $72,600 initial cash invested.

-4.93%

Cash On Cash

5.08%

Cap Rate

0.85

DSCR

$2,654

Rent

-$298

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,654 income − $2,952 expenses = $298 out of pocket

Income$2,654Out of Pocket$298Mortgage P&I$1,29349%Property Taxes$25910%Insurance$913%HOA$351%Management$39815%CapEx$1064%Maintenance$1064%Other$66425%

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,654

Total Expenses

$2,952

Mortgage P&I

49%

$1,293

Property Taxes

10%

$259

Home Insurance

3%

$91

HOA

1%

$35

Property Management

15%

$398

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$664

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