REI Lense

REI Lense

Unlock all features! Tap here to upgrade

9024 Chip Dr, Soddy Daisy, TN 37379

3 beds • 2 baths • 1617 sqft

Email

This property looks like a bad Airbnb investment with a projected -3.44% first-year return on $77,031 initial cash invested.

-3.44%

Cash On Cash

6.19%

Cap Rate

0.93

DSCR

$2,909

Rent

-$221

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,909 income − $3,130 expenses = $221 out of pocket

Income$2,909Out of Pocket$221Mortgage P&I$1,55453%Property Taxes$803%Insurance$1013%Management$43615%CapEx$1164%Maintenance$1164%Other$72725%

Investment Breakdown

|

Purchase Price

$281k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,031

Downpayment

20%

$56,220

Closing costs

1%

$2,811

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,909

Total Expenses

$3,130

Mortgage P&I

53%

$1,554

Property Taxes

3%

$80

Home Insurance

3%

$101

HOA

0%

$0

Property Management

15%

$436

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$727

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis