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1311 Chestnut Glade Rd, Martin, TN 38237

3 beds • 2 baths • 1845 sqft

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This property looks like a bad Airbnb investment with a projected -1.05% first-year return on $72,810 initial cash invested.

-1.05%

Cash On Cash

6.46%

Cap Rate

1.03

DSCR

$2,781

Rent

-$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,781 income − $2,845 expenses = $64 out of pocket

Income$2,781Out of Pocket$64Mortgage P&I$1,35749%Property Taxes$582%Insurance$963%Management$41715%CapEx$1114%Maintenance$1114%Other$69525%

Investment Breakdown

|

Purchase Price

$261k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,810

Downpayment

20%

$52,200

Closing costs

1%

$2,610

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,781

Total Expenses

$2,845

Mortgage P&I

49%

$1,357

Property Taxes

2%

$58

Home Insurance

3%

$96

HOA

0%

$0

Property Management

15%

$417

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$695

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