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1528 Delmont Rd, Memphis, TN 38117

3 beds • 2 baths • 1204 sqft

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This property might be a fair Airbnb investment with a projected 5.03% first-year return on $53,868 initial cash invested.

5.03%

Cash On Cash

9.04%

Cap Rate

1.35

DSCR

$2,740

Rent

$226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,740 income − $2,514 expenses = $226 cash flow

Income$2,740Mortgage P&I$95035%Property Taxes$1887%Insurance$602%Management$41115%CapEx$1104%Maintenance$1104%Other$68525%Cash Flow$226

Investment Breakdown

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Purchase Price

$171k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,868

Downpayment

20%

$34,160

Closing costs

1%

$1,708

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,740

Total Expenses

$2,514

Mortgage P&I

35%

$950

Property Taxes

7%

$188

Home Insurance

2%

$60

HOA

0%

$0

Property Management

15%

$411

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$685

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