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344 Slagle Rd, Elizabethton, TN 37643

3 beds • 2 baths • 1532 sqft

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This property looks like a bad Airbnb investment with a projected -8.37% first-year return on $78,816 initial cash invested.

-8.37%

Cash On Cash

4.29%

Cap Rate

0.69

DSCR

$2,146

Rent

-$550

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,146 income − $2,696 expenses = $550 out of pocket

Income$2,146Out of Pocket$550Mortgage P&I$1,50070%Property Taxes$613%Insurance$1055%Management$32215%CapEx$864%Maintenance$864%Other$53625%

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,816

Downpayment

20%

$57,920

Closing costs

1%

$2,896

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,146

Total Expenses

$2,696

Mortgage P&I

70%

$1,500

Property Taxes

3%

$61

Home Insurance

5%

$105

HOA

0%

$0

Property Management

15%

$322

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$536

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