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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 -5.19% first-year return on $74,259 initial cash invested.

-5.19%

Cash On Cash

5.19%

Cap Rate

0.84

DSCR

$2,335

Rent

-$321

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,335 income − $2,656 expenses = $321 out of pocket

Income$2,335Out of Pocket$321Mortgage P&I$1,38759%Property Taxes$552%Insurance$944%Management$35015%CapEx$934%Maintenance$934%Other$58425%

Investment Breakdown

|

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

$2,335

Total Expenses

$2,656

Mortgage P&I

59%

$1,387

Property Taxes

2%

$55

Home Insurance

4%

$94

HOA

0%

$0

Property Management

15%

$350

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$584

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