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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 -14.75% first-year return on $110k initial cash invested.

-14.75%

Cash On Cash

2.56%

Cap Rate

0.43

DSCR

$2,189

Rent

-$1,348

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,189 income − $3,537 expenses = $1,348 out of pocket

Income$2,189Out of Pocket$1,348Mortgage P&I$2,193100%Property Taxes$1356%Insurance$1587%Management$32815%CapEx$884%Maintenance$884%Other$54725%

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

$2,189

Total Expenses

$3,537

Mortgage P&I

100%

$2,193

Property Taxes

6%

$135

Home Insurance

7%

$158

HOA

0%

$0

Property Management

15%

$328

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$547

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