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8311 Bill Reed Rd, Ooltewah, TN 37363

3 beds • 2 baths • 1360 sqft

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This property might be a fair Airbnb investment with a projected 8.63% first-year return on $81,315 initial cash invested.

8.63%

Cash On Cash

9.01%

Cap Rate

1.5

DSCR

$4,380

Rent

$585

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,380 income − $3,795 expenses = $585 cash flow

Income$4,380Mortgage P&I$1,50534%Property Taxes$782%Insurance$1103%Management$65715%CapEx$1754%Maintenance$1754%Other$1,09525%Cash Flow$585

Investment Breakdown

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Purchase Price

$302k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,315

Downpayment

20%

$60,300

Closing costs

1%

$3,015

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,380

Total Expenses

$3,795

Mortgage P&I

34%

$1,505

Property Taxes

2%

$78

Home Insurance

3%

$110

HOA

0%

$0

Property Management

15%

$657

CapEx

4%

$175

Vacancy

0%

$0

Maintenance

4%

$175

Other

25%

$1,095

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