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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 -11.4% first-year return on $78,816 initial cash invested.

-11.4%

Cash On Cash

3.4%

Cap Rate

0.55

DSCR

$1,761

Rent

-$749

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,761 income − $2,510 expenses = $749 out of pocket

Income$1,761Out of Pocket$749Mortgage P&I$1,50085%Property Taxes$613%Insurance$1056%Management$26415%CapEx$704%Maintenance$704%Other$44025%

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

$1,761

Total Expenses

$2,510

Mortgage P&I

85%

$1,500

Property Taxes

3%

$61

Home Insurance

6%

$105

HOA

0%

$0

Property Management

15%

$264

CapEx

4%

$70

Vacancy

0%

$0

Maintenance

4%

$70

Other

25%

$440

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