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1602 Long Ave, Nashville, TN 37206

4 beds • 2 baths • 1342 sqft

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This property might be a fair Airbnb investment with a projected 3.03% first-year return on $145k initial cash invested.

3.03%

Cash On Cash

7.25%

Cap Rate

1.23

DSCR

$7,191

Rent

$366

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$575k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$145k

Downpayment

20%

$115k

Closing costs

1%

$5,750

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$7,191

Total Expenses

$6,825

Mortgage P&I

39%

$2,820

Property Taxes

5%

$351

Home Insurance

3%

$201

HOA

0%

$0

Property Management

15%

$1,079

CapEx

4%

$288

Vacancy

0%

$0

Maintenance

4%

$288

Other

25%

$1,798

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