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2040 Walker Cove Rd, Sparta, TN 38583

3 beds • 2 baths • 1344 sqft

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This property looks like a bad Airbnb investment with a projected -6.24% first-year return on $82,134 initial cash invested.

-6.24%

Cash On Cash

4.49%

Cap Rate

0.77

DSCR

$2,359

Rent

-$427

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,134

Downpayment

20%

$61,080

Closing costs

1%

$3,054

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,359

Total Expenses

$2,786

Mortgage P&I

63%

$1,475

Property Taxes

3%

$71

Home Insurance

5%

$108

HOA

0%

$0

Property Management

15%

$354

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$590

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