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554 McCowan Creek Rd, Newport, TN 37821

3 beds • 2 baths • 2356 sqft

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This property looks like a bad Airbnb investment with a projected -19.15% first-year return on $99,249 initial cash invested.

-19.15%

Cash On Cash

1.65%

Cap Rate

0.26

DSCR

$1,884

Rent

-$1,584

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,884 income − $3,468 expenses = $1,584 out of pocket

Income$1,884Out of Pocket$1,584Mortgage P&I$2,042108%Property Taxes$1407%Insurance$38220%Management$28315%CapEx$754%Maintenance$754%Other$47125%

Investment Breakdown

|

Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,249

Downpayment

20%

$77,380

Closing costs

1%

$3,869

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,884

Total Expenses

$3,468

Mortgage P&I

108%

$2,042

Property Taxes

7%

$140

Home Insurance

20%

$382

HOA

0%

$0

Property Management

15%

$283

CapEx

4%

$75

Vacancy

0%

$0

Maintenance

4%

$75

Other

25%

$471

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