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240 Horseshoe Bend Rd E, Signal Mountain, TN 37377

3 beds • 3 baths • 4252 sqft

$1,081,500

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This property looks like a bad Airbnb investment with a projected -23.52% first-year return on $245k initial cash invested.

-23.52%

Cash On Cash

0.73%

Cap Rate

0.12

DSCR

$2,516

Rent

-$4,804

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,516 income − $7,320 expenses = $4,804 out of pocket

Income$2,516Out of Pocket$4,804Mortgage P&I$5,360213%Property Taxes$34214%Insurance$40216%HOA$8Management$37715%CapEx$1014%Maintenance$1014%Other$62925%

Investment Breakdown

|

Purchase Price

$1082k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$245k

Downpayment

20%

$216k

Closing costs

1%

$10,815

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,516

Total Expenses

$7,320

Mortgage P&I

213%

$5,360

Property Taxes

14%

$342

Home Insurance

16%

$402

HOA

0%

$8

Property Management

15%

$377

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$629

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