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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 -5.27% first-year return on $69,723 initial cash invested.

-5.27%

Cash On Cash

5.24%

Cap Rate

0.83

DSCR

$2,303

Rent

-$306

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,303 income − $2,609 expenses = $306 out of pocket

Income$2,303Out of Pocket$306Mortgage P&I$1,29056%Property Taxes$1286%Insurance$864%Management$34515%CapEx$924%Maintenance$924%Other$57625%

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

$2,303

Total Expenses

$2,609

Mortgage P&I

56%

$1,290

Property Taxes

6%

$128

Home Insurance

4%

$86

HOA

0%

$0

Property Management

15%

$345

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$576

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