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214 Gardenia Dr, Memphis, TN 38117

3 beds • 2 baths • 2259 sqft

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This property looks like a bad Airbnb investment with a projected -18.63% first-year return on $125k initial cash invested.

-18.63%

Cash On Cash

1.53%

Cap Rate

0.26

DSCR

$2,508

Rent

-$1,934

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$507k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$101k

Closing costs

1%

$5,074

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,508

Total Expenses

$4,442

Mortgage P&I

99%

$2,482

Property Taxes

23%

$572

Home Insurance

7%

$185

HOA

0%

$0

Property Management

15%

$376

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$627

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