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2305 Gale Ln, Chattanooga, TN 37421

3 beds • 3 baths • 2040 sqft

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This property looks like a bad Airbnb investment with a projected -7.29% first-year return on $91,542 initial cash invested.

-7.29%

Cash On Cash

4.29%

Cap Rate

0.74

DSCR

$2,797

Rent

-$556

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,542

Downpayment

20%

$70,040

Closing costs

1%

$3,502

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,797

Total Expenses

$3,353

Mortgage P&I

61%

$1,695

Property Taxes

7%

$189

Home Insurance

5%

$126

HOA

0%

$0

Property Management

15%

$420

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$699

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