REI Lense

REI Lense

Unlock all features! Tap here to upgrade

8934 Forest Breeze Dr, Cordova, TN 38018

3 beds • 2 baths • 2097 sqft

Email

This property looks like a bad Airbnb investment with a projected -7.1% first-year return on $94,650 initial cash invested.

-7.1%

Cash On Cash

4.55%

Cap Rate

0.76

DSCR

$3,057

Rent

-$560

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,057 income − $3,617 expenses = $560 out of pocket

Income$3,057Out of Pocket$560Mortgage P&I$1,82260%Property Taxes$2007%Insurance$1284%Management$45915%CapEx$1224%Maintenance$1224%Other$76425%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,057

Total Expenses

$3,617

Mortgage P&I

60%

$1,822

Property Taxes

7%

$200

Home Insurance

4%

$128

HOA

0%

$0

Property Management

15%

$459

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$764

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis