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705 Drummond Dr, Nashville, TN 37211

3 beds • 2 baths • 1250 sqft

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This property looks like a bad Airbnb investment with a projected -9.69% first-year return on $123k initial cash invested.

-9.69%

Cash On Cash

3.81%

Cap Rate

0.65

DSCR

$3,418

Rent

-$992

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$499k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,800

Closing costs

1%

$4,990

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,418

Total Expenses

$4,410

Mortgage P&I

71%

$2,439

Property Taxes

5%

$155

Home Insurance

5%

$175

HOA

0%

$0

Property Management

15%

$513

CapEx

4%

$137

Vacancy

0%

$0

Maintenance

4%

$137

Other

25%

$854

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Comparable Property

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Beds

Baths

Distance

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4

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5

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$1,100

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2

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$2,850

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5

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