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8857 Macon Rd, Cordova, TN 38018

3 beds • 2 baths • 1500 sqft

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This property looks like a bad Airbnb investment with a projected -5.68% first-year return on $65,943 initial cash invested.

-5.68%

Cash On Cash

5.34%

Cap Rate

0.83

DSCR

$2,462

Rent

-$312

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,462 income − $2,774 expenses = $312 out of pocket

Income$2,462Out of Pocket$312Mortgage P&I$1,23050%Property Taxes$27011%Insurance$803%HOA$131%Management$36915%CapEx$984%Maintenance$984%Other$61625%

Investment Breakdown

|

Purchase Price

$228k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,943

Downpayment

20%

$45,660

Closing costs

1%

$2,283

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,462

Total Expenses

$2,774

Mortgage P&I

50%

$1,230

Property Taxes

11%

$270

Home Insurance

3%

$80

HOA

1%

$13

Property Management

15%

$369

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$616

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