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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 -16.89% first-year return on $123k initial cash invested.

-16.89%

Cash On Cash

2.13%

Cap Rate

0.35

DSCR

$2,170

Rent

-$1,735

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,170 income − $3,905 expenses = $1,735 out of pocket

Income$2,170Out of Pocket$1,735Mortgage P&I$2,537117%Property Taxes$1366%Insurance$1828%HOA$8Management$32615%CapEx$874%Maintenance$874%Other$54225%

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

$2,170

Total Expenses

$3,905

Mortgage P&I

117%

$2,537

Property Taxes

6%

$136

Home Insurance

8%

$182

HOA

0%

$8

Property Management

15%

$326

CapEx

4%

$87

Vacancy

0%

$0

Maintenance

4%

$87

Other

25%

$542

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