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2640 E Walnut Grove Rd, Sevierville, TN 37876

3 beds • 5 baths • 4000 sqft

$3,180,200

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This property looks like a bad Airbnb investment with a projected -23.39% first-year return on $686k initial cash invested.

-23.39%

Cash On Cash

1.13%

Cap Rate

0.19

DSCR

$7,819

Rent

-$13,367

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,819 income − $21,186 expenses = $13,367 out of pocket

Income$7,819Out of Pocket$13,367Mortgage P&I$16,039205%Property Taxes$2403%Insurance$1,15315%Management$1,17315%CapEx$3134%Maintenance$3134%Other$1,95525%

Investment Breakdown

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Purchase Price

$3180k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$686k

Downpayment

20%

$636k

Closing costs

1%

$31,802

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,819

Total Expenses

$21,186

Mortgage P&I

205%

$16,039

Property Taxes

3%

$240

Home Insurance

15%

$1,153

HOA

0%

$0

Property Management

15%

$1,173

CapEx

4%

$313

Vacancy

0%

$0

Maintenance

4%

$313

Other

25%

$1,955

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