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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 -5.03% first-year return on $78,501 initial cash invested.

-5.03%

Cash On Cash

5.06%

Cap Rate

0.85

DSCR

$2,765

Rent

-$329

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,765 income − $3,094 expenses = $329 out of pocket

Income$2,765Out of Pocket$329Mortgage P&I$1,43452%Property Taxes$1044%Insurance$2288%Management$41515%CapEx$1114%Maintenance$1114%Other$69125%

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

$2,765

Total Expenses

$3,094

Mortgage P&I

52%

$1,434

Property Taxes

4%

$104

Home Insurance

8%

$228

HOA

0%

$0

Property Management

15%

$415

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$691

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