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1074 Milk Plant Rd, Sparta, TN 38583

3 beds • 3 baths • 1870 sqft

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This property looks like a bad Airbnb investment with a projected -11.49% first-year return on $112k initial cash invested.

-11.49%

Cash On Cash

3.18%

Cap Rate

0.55

DSCR

$2,568

Rent

-$1,077

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,980

Closing costs

1%

$4,499

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,568

Total Expenses

$3,645

Mortgage P&I

84%

$2,165

Property Taxes

3%

$89

Home Insurance

6%

$158

HOA

0%

$0

Property Management

15%

$385

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$642

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