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3313 Northwind Dr, Morristown, TN 37814

3 beds • 2 baths • 1836 sqft

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This property looks like a bad Airbnb investment with a projected -13.44% first-year return on $104k initial cash invested.

-13.44%

Cash On Cash

2.9%

Cap Rate

0.48

DSCR

$2,197

Rent

-$1,162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,197 income − $3,359 expenses = $1,162 out of pocket

Income$2,197Out of Pocket$1,162Mortgage P&I$2,06294%Property Taxes$954%Insurance$1477%Management$33015%CapEx$884%Maintenance$884%Other$54925%

Investment Breakdown

|

Purchase Price

$408k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,660

Closing costs

1%

$4,083

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,197

Total Expenses

$3,359

Mortgage P&I

94%

$2,062

Property Taxes

4%

$95

Home Insurance

7%

$147

HOA

0%

$0

Property Management

15%

$330

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$549

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