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3888 Chapman St, Morristown, TN 37813

3 beds • 2 baths • 1189 sqft

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This property looks like a bad Airbnb investment with a projected -9.34% first-year return on $76,800 initial cash invested.

-9.34%

Cash On Cash

4.05%

Cap Rate

0.65

DSCR

$1,972

Rent

-$598

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,972 income − $2,570 expenses = $598 out of pocket

Income$1,972Out of Pocket$598Mortgage P&I$1,46474%Property Taxes$613%Insurance$985%Management$29615%CapEx$794%Maintenance$794%Other$49325%

Investment Breakdown

|

Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,800

Downpayment

20%

$56,000

Closing costs

1%

$2,800

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,972

Total Expenses

$2,570

Mortgage P&I

74%

$1,464

Property Taxes

3%

$61

Home Insurance

5%

$98

HOA

0%

$0

Property Management

15%

$296

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$493

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