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124 Fairhill Dr NE, Cleveland, TN 37323

3 beds • 3 baths • 2226 sqft

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This property looks like a bad Airbnb investment with a projected -10.51% first-year return on $79,383 initial cash invested.

-10.51%

Cash On Cash

3.3%

Cap Rate

0.56

DSCR

$1,772

Rent

-$695

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,383

Downpayment

20%

$58,460

Closing costs

1%

$2,923

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,772

Total Expenses

$2,467

Mortgage P&I

81%

$1,429

Property Taxes

5%

$82

Home Insurance

6%

$105

HOA

0%

$0

Property Management

15%

$266

CapEx

4%

$71

Vacancy

0%

$0

Maintenance

4%

$71

Other

25%

$443

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