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4632 Leatherwood Ave, Memphis, TN 38117

3 beds • 2 baths • 1593 sqft

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This property looks like a bad Airbnb investment with a projected -3.57% first-year return on $72,264 initial cash invested.

-3.57%

Cash On Cash

5.69%

Cap Rate

0.92

DSCR

$2,745

Rent

-$215

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,745 income − $2,960 expenses = $215 out of pocket

Income$2,745Out of Pocket$215Mortgage P&I$1,33048%Property Taxes$2188%Insurance$943%Management$41215%CapEx$1104%Maintenance$1104%Other$68625%

Investment Breakdown

|

Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,264

Downpayment

20%

$51,680

Closing costs

1%

$2,584

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,745

Total Expenses

$2,960

Mortgage P&I

48%

$1,330

Property Taxes

8%

$218

Home Insurance

3%

$94

HOA

0%

$0

Property Management

15%

$412

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$686

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