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6308 N Lee Hwy, Cleveland, TN 37312

3 beds • 2 baths • 1353 sqft

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This property might be a fair Airbnb investment with a projected 9.74% first-year return on $38,790 initial cash invested.

9.74%

Cash On Cash

10.8%

Cap Rate

1.76

DSCR

$1,767

Rent

$315

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,767 income − $1,452 expenses = $315 cash flow

Income$1,767Mortgage P&I$50529%Property Taxes$634%Insurance$352%Management$26515%CapEx$714%Maintenance$714%Other$44225%Cash Flow$315

Investment Breakdown

|

Purchase Price

$99,000

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,790

Downpayment

20%

$19,800

Closing costs

1%

$990

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$1,767

Total Expenses

$1,452

Mortgage P&I

29%

$505

Property Taxes

4%

$63

Home Insurance

2%

$35

HOA

0%

$0

Property Management

15%

$265

CapEx

4%

$71

Vacancy

0%

$0

Maintenance

4%

$71

Other

25%

$442

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