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543 Harris St, Collierville, TN 38017

3 beds • 1 baths • 996 sqft

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This property might be a fair Airbnb investment with a projected 7.74% first-year return on $61,050 initial cash invested.

7.74%

Cash On Cash

9.16%

Cap Rate

1.5

DSCR

$3,115

Rent

$394

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$205k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,050

Downpayment

20%

$41,000

Closing costs

1%

$2,050

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,115

Total Expenses

$2,721

Mortgage P&I

34%

$1,046

Property Taxes

3%

$107

Home Insurance

2%

$72

HOA

0%

$0

Property Management

15%

$467

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$779

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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2

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4

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2

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5

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0.6 mi

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$1,100

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2

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0.9 mi

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$2,850

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5

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