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249 Darlene Dr, Sparta, TN 38583

3 beds • 3 baths • 1949 sqft

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This property looks like a bad Airbnb investment with a projected -5.31% first-year return on $89,190 initial cash invested.

-5.31%

Cash On Cash

4.94%

Cap Rate

0.83

DSCR

$2,847

Rent

-$395

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,847 income − $3,242 expenses = $395 out of pocket

Income$2,847Out of Pocket$395Mortgage P&I$1,67659%Property Taxes$803%Insurance$1194%Management$42715%CapEx$1144%Maintenance$1144%Other$71225%

Investment Breakdown

|

Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,190

Downpayment

20%

$67,800

Closing costs

1%

$3,390

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,847

Total Expenses

$3,242

Mortgage P&I

59%

$1,676

Property Taxes

3%

$80

Home Insurance

4%

$119

HOA

0%

$0

Property Management

15%

$427

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$712

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