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111 Pine Forest Ln, Chattanooga, TN 37415

3 beds • 2 baths • 1508 sqft

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This property looks like a bad Airbnb investment with a projected -13.24% first-year return on $99,354 initial cash invested.

-13.24%

Cash On Cash

2.77%

Cap Rate

0.47

DSCR

$2,135

Rent

-$1,096

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,354

Downpayment

20%

$77,480

Closing costs

1%

$3,874

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,135

Total Expenses

$3,231

Mortgage P&I

89%

$1,906

Property Taxes

8%

$165

Home Insurance

6%

$136

HOA

0%

$0

Property Management

15%

$320

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$534

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Relax & Unwind w/ Lightning Fast Wi-Fi & Smart TVs

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3

1

1.92 mi

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2

2

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2

2

1.92 mi

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2

1.5

0.82 mi

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4

2

1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

2022 S American St

$2,850

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5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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