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2241 Heavenly Vw, Ooltewah, TN 37363

4 beds • 6 baths • 5842 sqft

$2,850,000

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This property looks like a bad Airbnb investment with a projected -25.4% first-year return on $623k initial cash invested.

-25.4%

Cash On Cash

0.55%

Cap Rate

0.09

DSCR

$5,744

Rent

-$13,176

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$2850k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$623k

Downpayment

20%

$570k

Closing costs

1%

$28,500

Rehab

0%

$0

Furnishing

1%

$24,000

Cashflow

Total Income

$5,744

Total Expenses

$18,920

Mortgage P&I

248%

$14,257

Property Taxes

14%

$782

Home Insurance

17%

$998

HOA

2%

$125

Property Management

15%

$862

CapEx

4%

$230

Vacancy

0%

$0

Maintenance

4%

$230

Other

25%

$1,436

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