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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 -10.19% first-year return on $90,828 initial cash invested.

-10.19%

Cash On Cash

4.08%

Cap Rate

0.64

DSCR

$2,624

Rent

-$771

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,624 income − $3,395 expenses = $771 out of pocket

Income$2,624Out of Pocket$771Mortgage P&I$1,84470%Property Taxes$1626%Insurance$1295%Management$39415%CapEx$1054%Maintenance$1054%Other$65625%

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

$2,624

Total Expenses

$3,395

Mortgage P&I

70%

$1,844

Property Taxes

6%

$162

Home Insurance

5%

$129

HOA

0%

$0

Property Management

15%

$394

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$656

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