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2031 Ridgefield Rd, Johnson City, TN 37601

3 beds • 4 baths • 6018 sqft

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This property looks like a bad Airbnb investment with a projected -21.57% first-year return on $193k initial cash invested.

-21.57%

Cash On Cash

1.05%

Cap Rate

0.18

DSCR

$2,288

Rent

-$3,465

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,288 income − $5,753 expenses = $3,465 out of pocket

Income$2,288Out of Pocket$3,465Mortgage P&I$4,100179%Property Taxes$24311%Insurance$31114%Management$34315%CapEx$924%Maintenance$924%Other$57225%

Investment Breakdown

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Purchase Price

$832k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$193k

Downpayment

20%

$166k

Closing costs

1%

$8,324

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,288

Total Expenses

$5,753

Mortgage P&I

179%

$4,100

Property Taxes

11%

$243

Home Insurance

14%

$311

HOA

0%

$0

Property Management

15%

$343

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$572

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