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8656 Wood Mills Dr W, Cordova, TN 38016

3 beds • 2 baths • 2272 sqft

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This property looks like a bad Airbnb investment with a projected -14.94% first-year return on $82,911 initial cash invested.

-14.94%

Cash On Cash

2.26%

Cap Rate

0.38

DSCR

$1,898

Rent

-$1,032

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,898 income − $2,930 expenses = $1,032 out of pocket

Income$1,898Out of Pocket$1,032Mortgage P&I$1,53781%Property Taxes$33217%Insurance$1086%HOA$422%Management$28515%CapEx$764%Maintenance$764%Other$47425%

Investment Breakdown

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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

$1,898

Total Expenses

$2,930

Mortgage P&I

81%

$1,537

Property Taxes

17%

$332

Home Insurance

6%

$108

HOA

2%

$42

Property Management

15%

$285

CapEx

4%

$76

Vacancy

0%

$0

Maintenance

4%

$76

Other

25%

$474

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