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1669 Boone Dr, Cookeville, TN 38506

3 beds • 2 baths • 1272 sqft

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This property might be a fair Airbnb investment with a projected 0.34% first-year return on $76,884 initial cash invested.

0.34%

Cash On Cash

6.79%

Cap Rate

1.1

DSCR

$3,151

Rent

$22

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,151 income − $3,129 expenses = $22 cash flow

Income$3,151Mortgage P&I$1,43946%Property Taxes$752%Insurance$1023%Management$47315%CapEx$1264%Maintenance$1264%Other$78825%Cash Flow$22

Investment Breakdown

|

Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,884

Downpayment

20%

$56,080

Closing costs

1%

$2,804

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,151

Total Expenses

$3,129

Mortgage P&I

46%

$1,439

Property Taxes

2%

$75

Home Insurance

3%

$102

HOA

0%

$0

Property Management

15%

$473

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$788

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