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62 54th St, Gulfport, MS 39507

3 beds • 2 baths • 1000 sqft

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This property could be a profitable Airbnb investment with a projected 26.71% first-year return on $35,850 initial cash invested.

26.71%

Cash On Cash

18.71%

Cap Rate

3.12

DSCR

$2,567

Rent

$798

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$84,999

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,850

Downpayment

20%

$17,000

Closing costs

1%

$850

Rehab

0%

$0

Furnishing

21%

$18,000

Cashflow

Total Income

$2,567

Total Expenses

$1,769

Mortgage P&I

17%

$424

Property Taxes

3%

$82

Home Insurance

1%

$30

HOA

0%

$0

Property Management

15%

$385

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$642

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Gulf Coast Get a Way

$1,744

$122

3

2

0.73 mi

Bay's Bungalow

$2,788

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3

2

1.03 mi

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$2,402

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3

2

1.06 mi

Cozy Bay 2

$1,615

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3

2

1.86 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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