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7535 Irongate Dr, Hixson, TN 37343

3 beds • 2 baths • 1855 sqft

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This property looks like a bad Airbnb investment with a projected -6.31% first-year return on $91,626 initial cash invested.

-6.31%

Cash On Cash

4.72%

Cap Rate

0.79

DSCR

$2,857

Rent

-$482

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,857 income − $3,339 expenses = $482 out of pocket

Income$2,857Out of Pocket$482Mortgage P&I$1,74861%Property Taxes$943%Insurance$1264%Management$42915%CapEx$1144%Maintenance$1144%Other$71425%

Investment Breakdown

|

Purchase Price

$351k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,626

Downpayment

20%

$70,120

Closing costs

1%

$3,506

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,857

Total Expenses

$3,339

Mortgage P&I

61%

$1,748

Property Taxes

3%

$94

Home Insurance

4%

$126

HOA

0%

$0

Property Management

15%

$429

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$714

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