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441 Merriwood Dr, Bristol, TN 37620

3 beds • 2 baths • 1440 sqft

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This property looks like a bad Airbnb investment with a projected -4.85% first-year return on $69,723 initial cash invested.

-4.85%

Cash On Cash

5.37%

Cap Rate

0.85

DSCR

$2,349

Rent

-$282

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,349 income − $2,631 expenses = $282 out of pocket

Income$2,349Out of Pocket$282Mortgage P&I$1,29055%Property Taxes$1285%Insurance$864%Management$35215%CapEx$944%Maintenance$944%Other$58725%

Investment Breakdown

|

Purchase Price

$246k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,723

Downpayment

20%

$49,260

Closing costs

1%

$2,463

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,349

Total Expenses

$2,631

Mortgage P&I

55%

$1,290

Property Taxes

5%

$128

Home Insurance

4%

$86

HOA

0%

$0

Property Management

15%

$352

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$587

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