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510 Spruce Ln, Starkville, MS 39759

3 beds • 2 baths • 1648 sqft

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This property looks like a bad Airbnb investment with a projected -8.05% first-year return on $82,386 initial cash invested.

-8.05%

Cash On Cash

4.5%

Cap Rate

0.72

DSCR

$2,750

Rent

-$553

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,750 income − $3,303 expenses = $553 out of pocket

Income$2,750Out of Pocket$553Mortgage P&I$1,59458%Property Taxes$27710%Insurance$1124%Management$41215%CapEx$1104%Maintenance$1104%Other$68825%

Investment Breakdown

|

Purchase Price

$307k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,386

Downpayment

20%

$61,320

Closing costs

1%

$3,066

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,750

Total Expenses

$3,303

Mortgage P&I

58%

$1,594

Property Taxes

10%

$277

Home Insurance

4%

$112

HOA

0%

$0

Property Management

15%

$412

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$688

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