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6817 Ridge Creek Dr, Ooltewah, TN 37363

3 beds • 3 baths • 1820 sqft

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This property might be a fair Airbnb investment with a projected 0.21% first-year return on $85,095 initial cash invested.

0.21%

Cash On Cash

6.65%

Cap Rate

1.1

DSCR

$3,550

Rent

$15

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,550 income − $3,535 expenses = $15 cash flow

Income$3,550Mortgage P&I$1,61345%Property Taxes$1013%Insurance$1173%Management$53215%CapEx$1424%Maintenance$1424%Other$88825%Cash Flow$15

Investment Breakdown

|

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,095

Downpayment

20%

$63,900

Closing costs

1%

$3,195

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,550

Total Expenses

$3,535

Mortgage P&I

45%

$1,613

Property Taxes

3%

$101

Home Insurance

3%

$117

HOA

0%

$0

Property Management

15%

$532

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$888

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