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40 Marais Rdg, Hattiesburg, MS 39402

3 beds • 4 baths • 3738 sqft

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This property looks like a bad Airbnb investment with a projected -22.59% first-year return on $175k initial cash invested.

-22.59%

Cash On Cash

0.93%

Cap Rate

0.15

DSCR

$2,584

Rent

-$3,300

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,584 income − $5,884 expenses = $3,300 out of pocket

Income$2,584Out of Pocket$3,300Mortgage P&I$3,776146%Property Taxes$47118%Insurance$26210%HOA$1355%Management$38815%CapEx$1034%Maintenance$1034%Other$64625%

Investment Breakdown

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Purchase Price

$749k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$175k

Downpayment

20%

$150k

Closing costs

1%

$7,490

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,584

Total Expenses

$5,884

Mortgage P&I

146%

$3,776

Property Taxes

18%

$471

Home Insurance

10%

$262

HOA

5%

$135

Property Management

15%

$388

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$646

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