REI Lense

REI Lense

Unlock all features! Tap here to upgrade

7535 Irongate Dr, Hixson, TN 37343

3 beds • 2 baths • 1855 sqft

Email

This property looks like a bad Airbnb investment with a projected -4.58% first-year return on $91,626 initial cash invested.

-4.58%

Cash On Cash

5.21%

Cap Rate

0.87

DSCR

$3,109

Rent

-$350

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,109 income − $3,459 expenses = $350 out of pocket

Income$3,109Out of Pocket$350Mortgage P&I$1,74856%Property Taxes$943%Insurance$1264%Management$46615%CapEx$1244%Maintenance$1244%Other$77725%

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

$3,109

Total Expenses

$3,459

Mortgage P&I

56%

$1,748

Property Taxes

3%

$94

Home Insurance

4%

$126

HOA

0%

$0

Property Management

15%

$466

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$777

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis