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1047 W Shankman Cres, Memphis, TN 38108

3 beds • 2 baths • 1550 sqft

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This property looks like a bad Airbnb investment with a projected -2.12% first-year return on $53,679 initial cash invested.

-2.12%

Cash On Cash

6.57%

Cap Rate

0.98

DSCR

$1,998

Rent

-$95

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,998 income − $2,093 expenses = $95 out of pocket

Income$1,998Out of Pocket$95Mortgage P&I$94547%Property Taxes$1286%Insurance$603%Management$30015%CapEx$804%Maintenance$804%Other$50025%

Investment Breakdown

|

Purchase Price

$170k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,679

Downpayment

20%

$33,980

Closing costs

1%

$1,699

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,998

Total Expenses

$2,093

Mortgage P&I

47%

$945

Property Taxes

6%

$128

Home Insurance

3%

$60

HOA

0%

$0

Property Management

15%

$300

CapEx

4%

$80

Vacancy

0%

$0

Maintenance

4%

$80

Other

25%

$500

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