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3844 Millsaps Dr, Laurel, MS 39440

3 beds • 3 baths • 2474 sqft

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This property looks like a bad Airbnb investment with a projected -1.42% first-year return on $61,743 initial cash invested.

-1.42%

Cash On Cash

6.54%

Cap Rate

1.03

DSCR

$2,526

Rent

-$73

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$208k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,743

Downpayment

20%

$41,660

Closing costs

1%

$2,083

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,526

Total Expenses

$2,599

Mortgage P&I

44%

$1,108

Property Taxes

8%

$204

Home Insurance

3%

$74

HOA

0%

$0

Property Management

15%

$379

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$632

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