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8440 Cherrybark Ln, Ooltewah, TN 37363

3 beds • 2 baths • 1660 sqft

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This property looks like a bad Airbnb investment with a projected -6.63% first-year return on $99,942 initial cash invested.

-6.63%

Cash On Cash

4.59%

Cap Rate

0.78

DSCR

$3,247

Rent

-$552

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,247 income − $3,799 expenses = $552 out of pocket

Income$3,247Out of Pocket$552Mortgage P&I$1,91659%Property Taxes$1184%Insurance$1354%HOA$712%Management$48715%CapEx$1304%Maintenance$1304%Other$81225%

Investment Breakdown

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Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,942

Downpayment

20%

$78,040

Closing costs

1%

$3,902

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,247

Total Expenses

$3,799

Mortgage P&I

59%

$1,916

Property Taxes

4%

$118

Home Insurance

4%

$135

HOA

2%

$71

Property Management

15%

$487

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$812

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