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6604 Amherst Dr, Ocean Springs, MS 39564

3 beds • 2 baths • 1118 sqft

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This property looks like a bad Airbnb investment with a projected -7.89% first-year return on $74,259 initial cash invested.

-7.89%

Cash On Cash

4.39%

Cap Rate

0.71

DSCR

$2,017

Rent

-$488

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,017 income − $2,505 expenses = $488 out of pocket

Income$2,017Out of Pocket$488Mortgage P&I$1,38769%Property Taxes$553%Insurance$945%Management$30315%CapEx$814%Maintenance$814%Other$50425%

Investment Breakdown

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Purchase Price

$268k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,259

Downpayment

20%

$53,580

Closing costs

1%

$2,679

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,017

Total Expenses

$2,505

Mortgage P&I

69%

$1,387

Property Taxes

3%

$55

Home Insurance

5%

$94

HOA

0%

$0

Property Management

15%

$303

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$504

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