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862 Radiance Dr, Cordova, TN 38018

3 beds • 2 baths • 1600 sqft

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This property looks like a bad Airbnb investment with a projected -5.35% first-year return on $78,963 initial cash invested.

-5.35%

Cash On Cash

4.98%

Cap Rate

0.84

DSCR

$2,880

Rent

-$352

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,880 income − $3,232 expenses = $352 out of pocket

Income$2,880Out of Pocket$352Mortgage P&I$1,44150%Property Taxes$30611%Insurance$1034%Management$43215%CapEx$1154%Maintenance$1154%Other$72025%

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,963

Downpayment

20%

$58,060

Closing costs

1%

$2,903

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,880

Total Expenses

$3,232

Mortgage P&I

50%

$1,441

Property Taxes

11%

$306

Home Insurance

4%

$103

HOA

0%

$0

Property Management

15%

$432

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$720

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