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213 Cherry Ln, Bluff City, TN 37618

3 beds • 2 baths • 2117 sqft

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This property looks like a bad Airbnb investment with a projected -9.39% first-year return on $94,608 initial cash invested.

-9.39%

Cash On Cash

3.85%

Cap Rate

0.65

DSCR

$2,495

Rent

-$740

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,495 income − $3,235 expenses = $740 out of pocket

Income$2,495Out of Pocket$740Mortgage P&I$1,80973%Property Taxes$974%Insurance$1315%Management$37415%CapEx$1004%Maintenance$1004%Other$62425%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,608

Downpayment

20%

$72,960

Closing costs

1%

$3,648

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,495

Total Expenses

$3,235

Mortgage P&I

73%

$1,809

Property Taxes

4%

$97

Home Insurance

5%

$131

HOA

0%

$0

Property Management

15%

$374

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$624

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