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2833 Gainesboro Grade, Cookeville, TN 38501

3 beds • 2 baths • 1554 sqft

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This property looks like a bad Airbnb investment with a projected -6.25% first-year return on $78,501 initial cash invested.

-6.25%

Cash On Cash

4.7%

Cap Rate

0.79

DSCR

$2,608

Rent

-$409

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,608 income − $3,017 expenses = $409 out of pocket

Income$2,608Out of Pocket$409Mortgage P&I$1,43455%Property Taxes$1044%Insurance$2289%Management$39115%CapEx$1044%Maintenance$1044%Other$65225%

Investment Breakdown

|

Purchase Price

$288k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,501

Downpayment

20%

$57,620

Closing costs

1%

$2,881

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,608

Total Expenses

$3,017

Mortgage P&I

55%

$1,434

Property Taxes

4%

$104

Home Insurance

9%

$228

HOA

0%

$0

Property Management

15%

$391

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$652

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