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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 -6.27% first-year return on $72,579 initial cash invested.

-6.27%

Cash On Cash

4.58%

Cap Rate

0.77

DSCR

$2,068

Rent

-$379

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,068 income − $2,447 expenses = $379 out of pocket

Income$2,068Out of Pocket$379Mortgage P&I$1,28962%Property Taxes$744%Insurance$914%Management$31015%CapEx$834%Maintenance$834%Other$51725%

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

$2,068

Total Expenses

$2,447

Mortgage P&I

62%

$1,289

Property Taxes

4%

$74

Home Insurance

4%

$91

HOA

0%

$0

Property Management

15%

$310

CapEx

4%

$83

Vacancy

0%

$0

Maintenance

4%

$83

Other

25%

$517

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