REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2040 Walker Cove Rd, Sparta, TN 38583

3 beds • 2 baths • 1344 sqft

Email

This property looks like a bad Airbnb investment with a projected -6.08% first-year return on $82,134 initial cash invested.

-6.08%

Cash On Cash

4.53%

Cap Rate

0.78

DSCR

$2,380

Rent

-$416

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

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

$2,380

Total Expenses

$2,796

Mortgage P&I

62%

$1,475

Property Taxes

3%

$71

Home Insurance

5%

$108

HOA

0%

$0

Property Management

15%

$357

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$595

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis