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3603 England St, Memphis, TN 38127

3 beds • 2 baths • 1668 sqft

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This property could be a profitable Airbnb investment with a projected 17.63% first-year return on $45,048 initial cash invested.

17.63%

Cash On Cash

13.16%

Cap Rate

2.21

DSCR

$2,813

Rent

$662

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$129k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,048

Downpayment

20%

$25,760

Closing costs

1%

$1,288

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,813

Total Expenses

$2,151

Mortgage P&I

23%

$638

Property Taxes

4%

$120

Home Insurance

1%

$42

HOA

0%

$0

Property Management

15%

$422

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$703

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