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985 E Brentwood Dr, Morristown, TN 37814

3 beds • 3 baths • 2980 sqft

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This property looks like a bad Airbnb investment with a projected -15.08% first-year return on $110k initial cash invested.

-15.08%

Cash On Cash

2.47%

Cap Rate

0.41

DSCR

$2,130

Rent

-$1,378

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,130 income − $3,508 expenses = $1,378 out of pocket

Income$2,130Out of Pocket$1,378Mortgage P&I$2,193103%Property Taxes$1356%Insurance$1587%Management$32015%CapEx$854%Maintenance$854%Other$53225%

Investment Breakdown

|

Purchase Price

$437k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,320

Closing costs

1%

$4,366

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,130

Total Expenses

$3,508

Mortgage P&I

103%

$2,193

Property Taxes

6%

$135

Home Insurance

7%

$158

HOA

0%

$0

Property Management

15%

$320

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$532

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