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7000 Spring Place Rd SE, Cleveland, TN 37362

3 beds • 3 baths • 2140 sqft

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This property looks like a bad Airbnb investment with a projected -25.55% first-year return on $170k initial cash invested.

-25.55%

Cash On Cash

0.07%

Cap Rate

0.01

DSCR

$803

Rent

-$3,611

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$803 income − $4,414 expenses = $3,611 out of pocket

Income$803Out of Pocket$3,611Mortgage P&I$3,620451%Property Taxes$14318%Insurance$26633%Management$12015%CapEx$324%Maintenance$324%Other$20125%

Investment Breakdown

|

Purchase Price

$722k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$170k

Downpayment

20%

$144k

Closing costs

1%

$7,220

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$803

Total Expenses

$4,414

Mortgage P&I

451%

$3,620

Property Taxes

18%

$143

Home Insurance

33%

$266

HOA

0%

$0

Property Management

15%

$120

CapEx

4%

$32

Vacancy

0%

$0

Maintenance

4%

$32

Other

25%

$201

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