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2015 Ridgefield Rd, Johnson City, TN 37601

3 beds • 3 baths • 2352 sqft

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This property looks like a bad Airbnb investment with a projected -12.58% first-year return on $106k initial cash invested.

-12.58%

Cash On Cash

3.09%

Cap Rate

0.52

DSCR

$2,434

Rent

-$1,110

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,434 income − $3,544 expenses = $1,110 out of pocket

Income$2,434Out of Pocket$1,110Mortgage P&I$2,09086%Property Taxes$1335%Insurance$1546%Management$36515%CapEx$974%Maintenance$974%Other$60825%

Investment Breakdown

|

Purchase Price

$418k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,660

Closing costs

1%

$4,183

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,434

Total Expenses

$3,544

Mortgage P&I

86%

$2,090

Property Taxes

5%

$133

Home Insurance

6%

$154

HOA

0%

$0

Property Management

15%

$365

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$608

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