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503 Forrest Ln, Columbus, MS 39702

3 beds • 3 baths • 2418 sqft

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This property could be a profitable Airbnb investment with a projected 22.33% first-year return on $49,500 initial cash invested.

22.33%

Cash On Cash

15.17%

Cap Rate

2.27

DSCR

$3,531

Rent

$921

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,531 income − $2,610 expenses = $921 cash flow

Income$3,531Mortgage P&I$83424%Property Taxes$291%Insurance$521%Management$53015%CapEx$1414%Maintenance$1414%Other$88325%Cash Flow$921

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$3,531

Total Expenses

$2,610

Mortgage P&I

24%

$834

Property Taxes

1%

$29

Home Insurance

1%

$52

HOA

0%

$0

Property Management

15%

$530

CapEx

4%

$141

Vacancy

0%

$0

Maintenance

4%

$141

Other

25%

$883

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