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6951 Glen Cove Rd, Ooltewah, TN 37363

3 beds • 3 baths • 2466 sqft

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This property looks like a bad Airbnb investment with a projected -8.32% first-year return on $103k initial cash invested.

-8.32%

Cash On Cash

4.02%

Cap Rate

0.69

DSCR

$2,883

Rent

-$716

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$406k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$81,200

Closing costs

1%

$4,060

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,883

Total Expenses

$3,599

Mortgage P&I

68%

$1,961

Property Taxes

4%

$110

Home Insurance

5%

$145

HOA

0%

$0

Property Management

15%

$432

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$721

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