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8412 Creek Front Dr, Cordova, TN 38016

3 beds • 3 baths • 1585 sqft

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This property looks like a bad Airbnb investment with a projected -6.58% first-year return on $64,893 initial cash invested.

-6.58%

Cash On Cash

4.74%

Cap Rate

0.76

DSCR

$2,091

Rent

-$356

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,091 income − $2,447 expenses = $356 out of pocket

Income$2,091Out of Pocket$356Mortgage P&I$1,15455%Property Taxes$20910%Insurance$794%Management$31415%CapEx$844%Maintenance$844%Other$52325%

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

$2,091

Total Expenses

$2,447

Mortgage P&I

55%

$1,154

Property Taxes

10%

$209

Home Insurance

4%

$79

HOA

0%

$0

Property Management

15%

$314

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$523

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