REI Lense

REI Lense

Unlock all features! Tap here to upgrade

8656 Wood Mills Dr W, Cordova, TN 38016

3 beds • 2 baths • 2272 sqft

Email

This property looks like a bad Airbnb investment with a projected -9.39% first-year return on $82,911 initial cash invested.

-9.39%

Cash On Cash

3.86%

Cap Rate

0.65

DSCR

$2,633

Rent

-$649

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,633 income − $3,282 expenses = $649 out of pocket

Income$2,633Out of Pocket$649Mortgage P&I$1,53758%Property Taxes$33213%Insurance$1084%HOA$422%Management$39515%CapEx$1054%Maintenance$1054%Other$65825%

Investment Breakdown

|

Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,911

Downpayment

20%

$61,820

Closing costs

1%

$3,091

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,633

Total Expenses

$3,282

Mortgage P&I

58%

$1,537

Property Taxes

13%

$332

Home Insurance

4%

$108

HOA

2%

$42

Property Management

15%

$395

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$658

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis