Underwriting a Nashville Short Term Rental on Factory Street

Summary

This video is a detailed underwriting of a specific STR-eligible property in Nashville. The realtors break down the investment potential, highlighting key value drivers like proximity to attractions, unique amenities such as a private backyard and ample parking, and the financial benefits of its location in an Opportunity Zone. They provide specific financial projections, including a $670k purchase price yielding $38k in annual cash flow (6.2% cap rate), and offer a framework for analyzing similar deals by focusing on what makes a property stand out in a competitive urban market.