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148 Clearview Cir NE, Cleveland, TN 37323

3 beds • 3 baths • 1889 sqft

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This property looks like a bad Airbnb investment with a projected -12.76% first-year return on $112k initial cash invested.

-12.76%

Cash On Cash

3.01%

Cap Rate

0.51

DSCR

$2,494

Rent

-$1,194

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,494 income − $3,688 expenses = $1,194 out of pocket

Income$2,494Out of Pocket$1,194Mortgage P&I$2,21989%Property Taxes$1205%Insurance$1456%HOA$6Management$37415%CapEx$1004%Maintenance$1004%Other$62425%

Investment Breakdown

|

Purchase Price

$449k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,800

Closing costs

1%

$4,490

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,494

Total Expenses

$3,688

Mortgage P&I

89%

$2,219

Property Taxes

5%

$120

Home Insurance

6%

$145

HOA

0%

$6

Property Management

15%

$374

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$624

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