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5138 Rich Rd, Memphis, TN 38117

3 beds • 3 baths • 1588 sqft

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This property looks like a bad Airbnb investment with a projected -2.13% first-year return on $89,148 initial cash invested.

-2.13%

Cash On Cash

5.73%

Cap Rate

0.99

DSCR

$3,650

Rent

-$158

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,148

Downpayment

20%

$67,760

Closing costs

1%

$3,388

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,650

Total Expenses

$3,808

Mortgage P&I

45%

$1,629

Property Taxes

8%

$305

Home Insurance

3%

$122

HOA

0%

$0

Property Management

15%

$548

CapEx

4%

$146

Vacancy

0%

$0

Maintenance

4%

$146

Other

25%

$912

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