REI Lense

REI Lense

Unlock all features! Tap here to upgrade

8231 Biggs Rd, Ooltewah, TN 37363

3 beds • 2 baths • 1680 sqft

Email

This property looks like a bad Airbnb investment with a projected -7.92% first-year return on $94,524 initial cash invested.

-7.92%

Cash On Cash

4.36%

Cap Rate

0.72

DSCR

$2,772

Rent

-$624

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,772 income − $3,396 expenses = $624 out of pocket

Income$2,772Out of Pocket$624Mortgage P&I$1,83766%Property Taxes$1004%Insurance$1285%Management$41615%CapEx$1114%Maintenance$1114%Other$69325%

Investment Breakdown

|

Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,524

Downpayment

20%

$72,880

Closing costs

1%

$3,644

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,772

Total Expenses

$3,396

Mortgage P&I

66%

$1,837

Property Taxes

4%

$100

Home Insurance

5%

$128

HOA

0%

$0

Property Management

15%

$416

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$693

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis