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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 -6.58% first-year return on $72,579 initial cash invested.

-6.58%

Cash On Cash

4.49%

Cap Rate

0.75

DSCR

$2,030

Rent

-$398

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,030 income − $2,428 expenses = $398 out of pocket

Income$2,030Out of Pocket$398Mortgage P&I$1,28963%Property Taxes$744%Insurance$914%Management$30415%CapEx$814%Maintenance$814%Other$50825%

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

$2,030

Total Expenses

$2,428

Mortgage P&I

64%

$1,289

Property Taxes

4%

$74

Home Insurance

4%

$91

HOA

0%

$0

Property Management

15%

$304

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$508

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