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8294 Wesley Woods Cir, Cordova, TN 38018

3 beds • 2 baths • 2370 sqft

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This property looks like a bad Airbnb investment with a projected -17.9% first-year return on $84,948 initial cash invested.

-17.9%

Cash On Cash

1.35%

Cap Rate

0.23

DSCR

$1,508

Rent

-$1,267

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,508 income − $2,775 expenses = $1,267 out of pocket

Income$1,508Out of Pocket$1,267Mortgage P&I$1,566104%Property Taxes$37225%Insurance$1148%Management$22615%CapEx$604%Maintenance$604%Other$37725%

Investment Breakdown

|

Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,948

Downpayment

20%

$63,760

Closing costs

1%

$3,188

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,508

Total Expenses

$2,775

Mortgage P&I

104%

$1,566

Property Taxes

25%

$372

Home Insurance

8%

$114

HOA

0%

$0

Property Management

15%

$226

CapEx

4%

$60

Vacancy

0%

$0

Maintenance

4%

$60

Other

25%

$377

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