REI Lense

REI Lense

Unlock all features! Tap here to upgrade

7709 Diamondhead Dr, Ooltewah, TN 37363

3 beds • 3 baths • 2562 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.73% first-year return on $123k initial cash invested.

-11.73%

Cash On Cash

3.2%

Cap Rate

0.55

DSCR

$2,988

Rent

-$1,203

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,988 income − $4,191 expenses = $1,203 out of pocket

Income$2,988Out of Pocket$1,203Mortgage P&I$2,41681%Property Taxes$1405%Insurance$1926%HOA$8Management$44815%CapEx$1204%Maintenance$1204%Other$74725%

Investment Breakdown

|

Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$100k

Closing costs

1%

$5,001

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,988

Total Expenses

$4,191

Mortgage P&I

81%

$2,416

Property Taxes

5%

$140

Home Insurance

6%

$192

HOA

0%

$8

Property Management

15%

$448

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$747

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis