REI Lense

REI Lense

Unlock all features! Tap here to upgrade

321 Surf St, Waveland, MS 39576

3 beds • 2 baths • 1799 sqft

Email

This property looks like a bad Airbnb investment with a projected -6.62% first-year return on $89,190 initial cash invested.

-6.62%

Cash On Cash

4.62%

Cap Rate

0.77

DSCR

$2,594

Rent

-$492

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,594 income − $3,086 expenses = $492 out of pocket

Income$2,594Out of Pocket$492Mortgage P&I$1,69265%Property Taxes$301%Insurance$1195%Management$38915%CapEx$1044%Maintenance$1044%Other$64825%

Investment Breakdown

|

Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,190

Downpayment

20%

$67,800

Closing costs

1%

$3,390

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,594

Total Expenses

$3,086

Mortgage P&I

65%

$1,692

Property Taxes

1%

$30

Home Insurance

5%

$119

HOA

0%

$0

Property Management

15%

$389

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$648

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis