Short Term Rental Analysis

586 N 6th St

Memphis, Tennessee

2 bed

1.5 bath

6 guests

$163,000 Purchase Price

    Under Analysis

    For Sale

    Listing Unavailable

Notes

No description added

Projected Revenue

AirDna ADR: $162

AirDna Occupancy: 61%

Avg Daily Rate

Annual Revenue
$36,093

Occupancy Rate

223 Days/Year

61%

Financial Summary

This looks like a profitable investment over the next 1 year

Revenue

$36,093

Operating Expenses

-$18,612

Operating Income

$17,481

Mortgage & Taxes

-$8,496

Profit (Cash Flow)

$8,985

Get a Free Property Analysis

Want to see how much a property would make on Airbnb? All you need is an address to project your short term rental income. Go from a Zillow listing to complete financial analysis in seconds.

Return Metrics

23.05% cash-on-cash return is a excellent return over the next 1 year

Price Appreciation

3%

Cash on Cash Return

23.05%

Cap Rate

10.72%

Cash Investment Summary

You will need $38,975 in cash to and renovate this property

Down Payment

-$32,600

Furniture & Renovations

-$6,375

Closing Costs

$0