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3605 N 9th St, Ocean Springs, MS 39564

3 beds • 2 baths • 1582 sqft

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This property might be a fair Airbnb investment with a projected 8.3% first-year return on $58,131 initial cash invested.

8.3%

Cash On Cash

9.68%

Cap Rate

1.51

DSCR

$2,994

Rent

$402

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,994 income − $2,592 expenses = $402 cash flow

Income$2,994Mortgage P&I$1,02034%Property Taxes$672%Insurance$682%Management$44915%CapEx$1204%Maintenance$1204%Other$74825%Cash Flow$402

Investment Breakdown

|

Purchase Price

$191k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,131

Downpayment

20%

$38,220

Closing costs

1%

$1,911

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,994

Total Expenses

$2,592

Mortgage P&I

34%

$1,020

Property Taxes

2%

$67

Home Insurance

2%

$68

HOA

0%

$0

Property Management

15%

$449

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$748

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