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188 Higgins Rd, Brighton, TN 38011

3 beds • 2 baths • 1509 sqft

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This property looks like a bad Airbnb investment with a projected -3.63% first-year return on $68,400 initial cash invested.

-3.63%

Cash On Cash

5.81%

Cap Rate

0.91

DSCR

$2,336

Rent

-$207

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,336 income − $2,543 expenses = $207 out of pocket

Income$2,336Out of Pocket$207Mortgage P&I$1,27655%Property Taxes$633%Insurance$844%Management$35015%CapEx$934%Maintenance$934%Other$58425%

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,400

Downpayment

20%

$48,000

Closing costs

1%

$2,400

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,336

Total Expenses

$2,543

Mortgage P&I

55%

$1,276

Property Taxes

3%

$63

Home Insurance

4%

$84

HOA

0%

$0

Property Management

15%

$350

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$584

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