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1774 Oriole Ct, Morristown, TN 37814

3 beds • 3 baths • 1944 sqft

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This property looks like a bad Airbnb investment with a projected -8.77% first-year return on $97,254 initial cash invested.

-8.77%

Cash On Cash

3.87%

Cap Rate

0.67

DSCR

$2,610

Rent

-$711

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,610 income − $3,321 expenses = $711 out of pocket

Income$2,610Out of Pocket$711Mortgage P&I$1,82370%Property Taxes$1084%Insurance$1385%Management$39215%CapEx$1044%Maintenance$1044%Other$65225%

Investment Breakdown

|

Purchase Price

$377k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,254

Downpayment

20%

$75,480

Closing costs

1%

$3,774

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,610

Total Expenses

$3,321

Mortgage P&I

70%

$1,823

Property Taxes

4%

$108

Home Insurance

5%

$138

HOA

0%

$0

Property Management

15%

$392

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$652

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