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111 Thornoak Dr, Martin, TN 38237

3 beds • 2 baths • 1438 sqft

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This property looks like a bad Airbnb investment with a projected -5.03% first-year return on $68,904 initial cash invested.

-5.03%

Cash On Cash

5.26%

Cap Rate

0.84

DSCR

$2,314

Rent

-$289

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,314 income − $2,603 expenses = $289 out of pocket

Income$2,314Out of Pocket$289Mortgage P&I$1,25854%Property Taxes$1456%Insurance$894%Management$34715%CapEx$934%Maintenance$934%Other$57825%

Investment Breakdown

|

Purchase Price

$242k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,904

Downpayment

20%

$48,480

Closing costs

1%

$2,424

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,314

Total Expenses

$2,603

Mortgage P&I

54%

$1,258

Property Taxes

6%

$145

Home Insurance

4%

$89

HOA

0%

$0

Property Management

15%

$347

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$578

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