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4972 Cedar Cove Dr, Morristown, TN 37814

3 beds • 3 baths • 2864 sqft

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This property looks like a bad Airbnb investment with a projected -23.1% first-year return on $138k initial cash invested.

-23.1%

Cash On Cash

0.63%

Cap Rate

0.1

DSCR

$1,182

Rent

-$2,666

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,182 income − $3,848 expenses = $2,666 out of pocket

Income$1,182Out of Pocket$2,666Mortgage P&I$2,922247%Property Taxes$14913%Insurance$21018%Management$17715%CapEx$474%Maintenance$474%Other$29625%

Investment Breakdown

|

Purchase Price

$574k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$115k

Closing costs

1%

$5,738

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,182

Total Expenses

$3,848

Mortgage P&I

247%

$2,922

Property Taxes

13%

$149

Home Insurance

18%

$210

HOA

0%

$0

Property Management

15%

$177

CapEx

4%

$47

Vacancy

0%

$0

Maintenance

4%

$47

Other

25%

$296

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