REI Lense

REI Lense

Unlock all features! Tap here to upgrade

8412 Creek Front Dr, Cordova, TN 38016

3 beds • 3 baths • 1585 sqft

Email

This property looks like a bad Airbnb investment with a projected -2.85% first-year return on $64,893 initial cash invested.

-2.85%

Cash On Cash

5.91%

Cap Rate

0.95

DSCR

$2,477

Rent

-$154

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,477 income − $2,631 expenses = $154 out of pocket

Income$2,477Out of Pocket$154Mortgage P&I$1,15447%Property Taxes$2098%Insurance$793%Management$37215%CapEx$994%Maintenance$994%Other$61925%

Investment Breakdown

|

Purchase Price

$223k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,893

Downpayment

20%

$44,660

Closing costs

1%

$2,233

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,477

Total Expenses

$2,631

Mortgage P&I

47%

$1,154

Property Taxes

8%

$209

Home Insurance

3%

$79

HOA

0%

$0

Property Management

15%

$372

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$619

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis