REI Lense

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686 Radiance Dr, Cordova, TN 38018

3 beds • 2 baths • 1655 sqft

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This property might be a fair Airbnb investment with a projected 0.45% first-year return on $77,997 initial cash invested.

0.45%

Cash On Cash

6.57%

Cap Rate

1.12

DSCR

$3,482

Rent

$29

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$286k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,997

Downpayment

20%

$57,140

Closing costs

1%

$2,857

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,482

Total Expenses

$3,453

Mortgage P&I

40%

$1,396

Property Taxes

8%

$286

Home Insurance

3%

$101

HOA

0%

$0

Property Management

15%

$522

CapEx

4%

$139

Vacancy

0%

$0

Maintenance

4%

$139

Other

25%

$870

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