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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 -5.26% first-year return on $65,943 initial cash invested.

-5.26%

Cash On Cash

5.47%

Cap Rate

0.85

DSCR

$2,507

Rent

-$289

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,507 income − $2,796 expenses = $289 out of pocket

Income$2,507Out of Pocket$289Mortgage P&I$1,23049%Property Taxes$27011%Insurance$803%HOA$131%Management$37615%CapEx$1004%Maintenance$1004%Other$62725%

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

$2,507

Total Expenses

$2,796

Mortgage P&I

49%

$1,230

Property Taxes

11%

$270

Home Insurance

3%

$80

HOA

1%

$13

Property Management

15%

$376

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$627

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