REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2126 Edgewater Sound, Morristown, TN 37814

3 beds • 5 baths • 6157 sqft

$1,518,200

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -21.38% first-year return on $337k initial cash invested.

-21.38%

Cash On Cash

1.23%

Cap Rate

0.21

DSCR

$4,722

Rent

-$6,000

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,722 income − $10,722 expenses = $6,000 out of pocket

Income$4,722Out of Pocket$6,000Mortgage P&I$7,367156%Property Taxes$45410%Insurance$56012%HOA$752%Management$70815%CapEx$1894%Maintenance$1894%Other$1,18025%

Investment Breakdown

|

Purchase Price

$1518k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$337k

Downpayment

20%

$304k

Closing costs

1%

$15,182

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,722

Total Expenses

$10,722

Mortgage P&I

156%

$7,367

Property Taxes

10%

$454

Home Insurance

12%

$560

HOA

2%

$75

Property Management

15%

$708

CapEx

4%

$189

Vacancy

0%

$0

Maintenance

4%

$189

Other

25%

$1,180

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis