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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 -18% first-year return on $138k initial cash invested.

-18%

Cash On Cash

1.96%

Cap Rate

0.32

DSCR

$2,314

Rent

-$2,078

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,314 income − $4,392 expenses = $2,078 out of pocket

Income$2,314Out of Pocket$2,078Mortgage P&I$2,922126%Property Taxes$1496%Insurance$2109%Management$34715%CapEx$934%Maintenance$934%Other$57825%

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

$2,314

Total Expenses

$4,392

Mortgage P&I

126%

$2,922

Property Taxes

6%

$149

Home Insurance

9%

$210

HOA

0%

$0

Property Management

15%

$347

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$578

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