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2238 Hay Meadow Trl, Knoxville, TN 37920

3 beds • 2 baths • 1906 sqft

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This property looks like a bad Airbnb investment with a projected -9.04% first-year return on $119k initial cash invested.

-9.04%

Cash On Cash

3.71%

Cap Rate

0.66

DSCR

$3,117

Rent

-$895

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$480k

Downpayment

20.0%

Interest Rate

5.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$95,980

Closing costs

1%

$4,799

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,117

Total Expenses

$4,012

Mortgage P&I

72%

$2,253

Property Taxes

3%

$83

Home Insurance

5%

$168

HOA

0%

$11

Property Management

15%

$468

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$779

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