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5042 Princeton Rd, Memphis, TN 38117

3 beds • 2 baths • 1776 sqft

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This property looks like a bad Airbnb investment with a projected -7.53% first-year return on $87,300 initial cash invested.

-7.53%

Cash On Cash

4.32%

Cap Rate

0.73

DSCR

$2,797

Rent

-$548

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,300

Downpayment

20%

$66,000

Closing costs

1%

$3,300

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,797

Total Expenses

$3,345

Mortgage P&I

58%

$1,625

Property Taxes

9%

$261

Home Insurance

4%

$116

HOA

0%

$0

Property Management

15%

$420

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$699

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