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2613 Pheasant Ln, Chattanooga, TN 37421

3 beds • 2 baths • 2294 sqft

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This property looks like a bad Airbnb investment with a projected -9.1% first-year return on $101k initial cash invested.

-9.1%

Cash On Cash

3.97%

Cap Rate

0.67

DSCR

$2,804

Rent

-$768

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,804 income − $3,572 expenses = $768 out of pocket

Income$2,804Out of Pocket$768Mortgage P&I$1,96870%Property Taxes$1184%Insurance$1405%Management$42115%CapEx$1124%Maintenance$1124%Other$70125%

Investment Breakdown

|

Purchase Price

$396k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,280

Closing costs

1%

$3,964

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,804

Total Expenses

$3,572

Mortgage P&I

70%

$1,968

Property Taxes

4%

$118

Home Insurance

5%

$140

HOA

0%

$0

Property Management

15%

$421

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$701

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