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3522 Hanna Dr, Memphis, TN 38128

3 beds • 2 baths • 1539 sqft

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This property looks like a bad Airbnb investment with a projected -11.78% first-year return on $59,979 initial cash invested.

-11.78%

Cash On Cash

3.21%

Cap Rate

0.5

DSCR

$1,370

Rent

-$589

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,370 income − $1,959 expenses = $589 out of pocket

Income$1,370Out of Pocket$589Mortgage P&I$1,06978%Property Taxes$16212%Insurance$705%Management$20615%CapEx$554%Maintenance$554%Other$34225%

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,370

Total Expenses

$1,959

Mortgage P&I

78%

$1,069

Property Taxes

12%

$162

Home Insurance

5%

$70

HOA

0%

$0

Property Management

15%

$206

CapEx

4%

$55

Vacancy

0%

$0

Maintenance

4%

$55

Other

25%

$342

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