REI Lense

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35 Vine Grove Ln, Cordova, TN 38018

3 beds • 2 baths • 2501 sqft

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This property looks like a bad Airbnb investment with a projected -9.61% first-year return on $88,203 initial cash invested.

-9.61%

Cash On Cash

3.69%

Cap Rate

0.63

DSCR

$2,619

Rent

-$706

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,203

Downpayment

20%

$66,860

Closing costs

1%

$3,343

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,619

Total Expenses

$3,325

Mortgage P&I

62%

$1,629

Property Taxes

12%

$319

Home Insurance

5%

$119

HOA

0%

$0

Property Management

15%

$393

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$655

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