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2709 Mountain Cove Pl NW, Cleveland, TN 37312

3 beds • 2 baths • 1636 sqft

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This property looks like a bad Airbnb investment with a projected -10.36% first-year return on $90,828 initial cash invested.

-10.36%

Cash On Cash

4.03%

Cap Rate

0.63

DSCR

$2,599

Rent

-$784

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,599 income − $3,383 expenses = $784 out of pocket

Income$2,599Out of Pocket$784Mortgage P&I$1,84471%Property Taxes$1626%Insurance$1295%Management$39015%CapEx$1044%Maintenance$1044%Other$65025%

Investment Breakdown

|

Purchase Price

$347k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,828

Downpayment

20%

$69,360

Closing costs

1%

$3,468

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,599

Total Expenses

$3,383

Mortgage P&I

71%

$1,844

Property Taxes

6%

$162

Home Insurance

5%

$129

HOA

0%

$0

Property Management

15%

$390

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$650

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