REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1932 Deer Ridge Dr, Morristown, TN 37814

3 beds • 2 baths • 2000 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.29% first-year return on $85,872 initial cash invested.

-11.29%

Cash On Cash

3.28%

Cap Rate

0.55

DSCR

$1,944

Rent

-$808

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,944 income − $2,752 expenses = $808 out of pocket

Income$1,944Out of Pocket$808Mortgage P&I$1,61383%Property Taxes$895%Insurance$1166%Management$29215%CapEx$784%Maintenance$784%Other$48625%

Investment Breakdown

|

Purchase Price

$323k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,872

Downpayment

20%

$64,640

Closing costs

1%

$3,232

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,944

Total Expenses

$2,752

Mortgage P&I

83%

$1,613

Property Taxes

5%

$89

Home Insurance

6%

$116

HOA

0%

$0

Property Management

15%

$292

CapEx

4%

$78

Vacancy

0%

$0

Maintenance

4%

$78

Other

25%

$486

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis