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1020 Tennessee Ave, Bristol, TN 37620

3 beds • 2 baths • 1600 sqft

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This property looks like a bad Airbnb investment with a projected -7.2% first-year return on $70,479 initial cash invested.

-7.2%

Cash On Cash

4.51%

Cap Rate

0.73

DSCR

$2,064

Rent

-$423

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,064 income − $2,487 expenses = $423 out of pocket

Income$2,064Out of Pocket$423Mortgage P&I$1,27962%Property Taxes$1286%Insurance$884%Management$31015%CapEx$834%Maintenance$834%Other$51625%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,064

Total Expenses

$2,487

Mortgage P&I

62%

$1,279

Property Taxes

6%

$128

Home Insurance

4%

$88

HOA

0%

$0

Property Management

15%

$310

CapEx

4%

$83

Vacancy

0%

$0

Maintenance

4%

$83

Other

25%

$516

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