REI Lense

REI Lense

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Target property

156 Furnace St, Mountain City, TN 37683

3 beds • 3 baths • 2932 sqft

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This property looks like a bad Airbnb investment with a projected -26.39% first-year return on $95,595 initial cash invested.

-26.39%

Cash On Cash

-0.84%

Cap Rate

-0.14

DSCR

$0

Rent

-$2,102

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $2,102 expenses = $2,102 out of pocket

Income$0Out of Pocket$2,102Mortgage P&I$1,844Property Taxes$129Insurance$129

Investment Breakdown

|

Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,595

Downpayment

20%

$73,900

Closing costs

1%

$3,695

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$0

Total Expenses

$2,102

Mortgage P&I

18440000%

$1,844

Property Taxes

1290000%

$129

Home Insurance

1290000%

$129

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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