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8925 E Ridge Trail Rd, Soddy Daisy, TN 37379

3 beds • 2 baths • 1092 sqft

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This property might be a fair Airbnb investment with a projected 1% first-year return on $73,083 initial cash invested.

1%

Cash On Cash

6.7%

Cap Rate

1.14

DSCR

$2,910

Rent

$61

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,910 income − $2,849 expenses = $61 cash flow

Income$2,910Mortgage P&I$1,28844%Property Taxes$712%Insurance$943%Management$43615%CapEx$1164%Maintenance$1164%Other$72825%Cash Flow$61

Investment Breakdown

|

Purchase Price

$262k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,083

Downpayment

20%

$52,460

Closing costs

1%

$2,623

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,910

Total Expenses

$2,849

Mortgage P&I

44%

$1,288

Property Taxes

2%

$71

Home Insurance

3%

$94

HOA

0%

$0

Property Management

15%

$436

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$728

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