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204 Hilltop Dr, Chattanooga, TN 37411

3 beds • 3 baths • 2551 sqft

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This property looks like a bad Airbnb investment with a projected -5.97% first-year return on $85,242 initial cash invested.

-5.97%

Cash On Cash

4.74%

Cap Rate

0.8

DSCR

$2,868

Rent

-$424

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,242

Downpayment

20%

$64,040

Closing costs

1%

$3,202

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,868

Total Expenses

$3,292

Mortgage P&I

55%

$1,575

Property Taxes

6%

$167

Home Insurance

6%

$173

HOA

0%

$0

Property Management

15%

$430

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$717

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Comparable Property

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ADR

Beds

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1.3 mi

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5

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2

1

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$2,850

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5

4

0.6 mi

1255 S Forest Knoll St

$1,100

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2

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0.9 mi

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$2,850

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5

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