REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

7237 Mercedes Ln #1577, Ooltewah, TN 37363

3 beds • 3 baths • 2072 sqft

Email

This property looks like a bad Airbnb investment with a projected -9.74% first-year return on $108k initial cash invested.

-9.74%

Cash On Cash

3.64%

Cap Rate

0.63

DSCR

$2,878

Rent

-$880

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$431k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$86,160

Closing costs

1%

$4,308

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,878

Total Expenses

$3,758

Mortgage P&I

72%

$2,071

Property Taxes

5%

$153

Home Insurance

5%

$152

HOA

0%

$0

Property Management

15%

$432

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$720

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis