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1925 Goolsby Ln, Cookeville, TN 38506

3 beds • 2 baths • 1688 sqft

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This property looks like a bad Airbnb investment with a projected -11.71% first-year return on $89,841 initial cash invested.

-11.71%

Cash On Cash

3.2%

Cap Rate

0.53

DSCR

$2,072

Rent

-$877

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,072 income − $2,949 expenses = $877 out of pocket

Income$2,072Out of Pocket$877Mortgage P&I$1,70782%Property Taxes$1256%Insurance$1226%Management$31115%CapEx$834%Maintenance$834%Other$51825%

Investment Breakdown

|

Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,841

Downpayment

20%

$68,420

Closing costs

1%

$3,421

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,072

Total Expenses

$2,949

Mortgage P&I

82%

$1,707

Property Taxes

6%

$125

Home Insurance

6%

$122

HOA

0%

$0

Property Management

15%

$311

CapEx

4%

$83

Vacancy

0%

$0

Maintenance

4%

$83

Other

25%

$518

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