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6072 Creekside Dr, Milan, TN 38358

3 beds • 2 baths • 1707 sqft

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This property looks like a bad Airbnb investment with a projected -5.66% first-year return on $78,249 initial cash invested.

-5.66%

Cash On Cash

5.12%

Cap Rate

0.82

DSCR

$2,701

Rent

-$369

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,701 income − $3,070 expenses = $369 out of pocket

Income$2,701Out of Pocket$369Mortgage P&I$1,48655%Property Taxes$1867%Insurance$1024%Management$40515%CapEx$1084%Maintenance$1084%Other$67525%

Investment Breakdown

|

Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,249

Downpayment

20%

$57,380

Closing costs

1%

$2,869

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,701

Total Expenses

$3,070

Mortgage P&I

55%

$1,486

Property Taxes

7%

$186

Home Insurance

4%

$102

HOA

0%

$0

Property Management

15%

$405

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$675

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