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427 Corinth Rd, Petal, MS 39465

3 beds • 2 baths • 1825 sqft

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This property might be a fair Airbnb investment with a projected 5.14% first-year return on $69,303 initial cash invested.

5.14%

Cash On Cash

8.56%

Cap Rate

1.33

DSCR

$3,434

Rent

$297

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,434 income − $3,137 expenses = $297 cash flow

Income$3,434Mortgage P&I$1,30838%Property Taxes$943%Insurance$883%Management$51515%CapEx$1374%Maintenance$1374%Other$85825%Cash Flow$297

Investment Breakdown

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Purchase Price

$244k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,303

Downpayment

20%

$48,860

Closing costs

1%

$2,443

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,434

Total Expenses

$3,137

Mortgage P&I

38%

$1,308

Property Taxes

3%

$94

Home Insurance

3%

$88

HOA

0%

$0

Property Management

15%

$515

CapEx

4%

$137

Vacancy

0%

$0

Maintenance

4%

$137

Other

25%

$858

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