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703 Redwine St, Knoxville, TN 37920

3 beds • 2 baths • 1397 sqft

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This property looks like a bad Airbnb investment with a projected -1.45% first-year return on $113k initial cash invested.

-1.45%

Cash On Cash

5.71%

Cap Rate

1.01

DSCR

$4,108

Rent

-$136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

5.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,108

Total Expenses

$4,244

Mortgage P&I

51%

$2,113

Property Taxes

0%

$2

Home Insurance

4%

$158

HOA

0%

$0

Property Management

15%

$616

CapEx

4%

$164

Vacancy

0%

$0

Maintenance

4%

$164

Other

25%

$1,027

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