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3054 Leeridge Dr, Bartlett, TN 38134

3 beds • 2 baths • 1289 sqft

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This property looks like a bad Airbnb investment with a projected -5.18% first-year return on $61,680 initial cash invested.

-5.18%

Cash On Cash

5.39%

Cap Rate

0.84

DSCR

$2,229

Rent

-$266

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,229 income − $2,495 expenses = $266 out of pocket

Income$2,229Out of Pocket$266Mortgage P&I$1,11250%Property Taxes$23911%Insurance$753%Management$33415%CapEx$894%Maintenance$894%Other$55725%

Investment Breakdown

|

Purchase Price

$208k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,680

Downpayment

20%

$41,600

Closing costs

1%

$2,080

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,229

Total Expenses

$2,495

Mortgage P&I

50%

$1,112

Property Taxes

11%

$239

Home Insurance

3%

$75

HOA

0%

$0

Property Management

15%

$334

CapEx

4%

$89

Vacancy

0%

$0

Maintenance

4%

$89

Other

25%

$557

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