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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 -3.93% first-year return on $68,400 initial cash invested.

-3.93%

Cash On Cash

5.72%

Cap Rate

0.9

DSCR

$2,305

Rent

-$224

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,305 income − $2,529 expenses = $224 out of pocket

Income$2,305Out of Pocket$224Mortgage P&I$1,27655%Property Taxes$633%Insurance$844%Management$34615%CapEx$924%Maintenance$924%Other$57625%

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

$2,305

Total Expenses

$2,529

Mortgage P&I

55%

$1,276

Property Taxes

3%

$63

Home Insurance

4%

$84

HOA

0%

$0

Property Management

15%

$346

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$576

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