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3981 Glendale Dr, Memphis, TN 38128

3 beds • 2 baths • 1863 sqft

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This property might be a fair Airbnb investment with a projected 1.19% first-year return on $58,635 initial cash invested.

1.19%

Cash On Cash

6.7%

Cap Rate

1.17

DSCR

$2,377

Rent

$58

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$194k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,635

Downpayment

20%

$38,700

Closing costs

1%

$1,935

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,377

Total Expenses

$2,319

Mortgage P&I

39%

$927

Property Taxes

8%

$195

Home Insurance

2%

$56

HOA

0%

$0

Property Management

15%

$357

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$594

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Comparable Property

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ADR

Beds

Baths

Distance

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2

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2

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4

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1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

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$2,850

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5

4

0.6 mi

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2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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