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2130 Orchard St, Morristown, TN 37814

3 beds • 2 baths • 1108 sqft

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This property looks like a bad Airbnb investment with a projected -6.53% first-year return on $72,579 initial cash invested.

-6.53%

Cash On Cash

4.51%

Cap Rate

0.76

DSCR

$2,039

Rent

-$395

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,039 income − $2,434 expenses = $395 out of pocket

Income$2,039Out of Pocket$395Mortgage P&I$1,28963%Property Taxes$744%Insurance$914%Management$30615%CapEx$824%Maintenance$824%Other$51025%

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,039

Total Expenses

$2,434

Mortgage P&I

63%

$1,289

Property Taxes

4%

$74

Home Insurance

4%

$91

HOA

0%

$0

Property Management

15%

$306

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$510

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