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765 N Watkins St, Memphis, TN 38107

3 beds • 2 baths • 1528 sqft

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This property could be a profitable Airbnb investment with a projected 12.19% first-year return on $41,331 initial cash invested.

12.19%

Cash On Cash

12.02%

Cap Rate

1.85

DSCR

$2,282

Rent

$420

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,282 income − $1,862 expenses = $420 cash flow

Income$2,282Mortgage P&I$60226%Property Taxes$1195%Insurance$472%Management$34215%CapEx$914%Maintenance$914%Other$57025%Cash Flow$420

Investment Breakdown

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Purchase Price

$111k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,331

Downpayment

20%

$22,220

Closing costs

1%

$1,111

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$2,282

Total Expenses

$1,862

Mortgage P&I

26%

$602

Property Taxes

5%

$119

Home Insurance

2%

$47

HOA

0%

$0

Property Management

15%

$342

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$570

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