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8934 Forest Breeze Dr, Cordova, TN 38018

3 beds • 2 baths • 2097 sqft

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This property looks like a bad Airbnb investment with a projected -13.67% first-year return on $94,650 initial cash invested.

-13.67%

Cash On Cash

2.72%

Cap Rate

0.45

DSCR

$2,060

Rent

-$1,078

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,060 income − $3,138 expenses = $1,078 out of pocket

Income$2,060Out of Pocket$1,078Mortgage P&I$1,82288%Property Taxes$20010%Insurance$1286%Management$30915%CapEx$824%Maintenance$824%Other$51525%

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

$2,060

Total Expenses

$3,138

Mortgage P&I

88%

$1,822

Property Taxes

10%

$200

Home Insurance

6%

$128

HOA

0%

$0

Property Management

15%

$309

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$515

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