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1545 Seven Oaks Dr, Morristown, TN 37814

3 beds • 2 baths • 2647 sqft

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This property looks like a bad Airbnb investment with a projected -16.4% first-year return on $123k initial cash invested.

-16.4%

Cash On Cash

2.26%

Cap Rate

0.37

DSCR

$2,267

Rent

-$1,685

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,267 income − $3,952 expenses = $1,685 out of pocket

Income$2,267Out of Pocket$1,685Mortgage P&I$2,537112%Property Taxes$1366%Insurance$1828%HOA$8Management$34015%CapEx$914%Maintenance$914%Other$56725%

Investment Breakdown

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Purchase Price

$501k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$100k

Closing costs

1%

$5,014

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,267

Total Expenses

$3,952

Mortgage P&I

112%

$2,537

Property Taxes

6%

$136

Home Insurance

8%

$182

HOA

0%

$8

Property Management

15%

$340

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$567

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