Revenue: AirDNA Nashville market benchmarks
Tax: Metro Nashville Assessor · 2025 official rates
AirDNA Nashville · 2026 Metro Nashville USD · 2025 official rate HOA & furniture auto-calculated
Select Building
Modernest WeHo
1425 4th Ave South · Nashville, TN 37210
129 unitsStudio – 3BD + DenWedgewood-HoustonUSD district
HOA: $0.75 × interior sq ft / mo
Modernest Gulch View
1107 8th Ave South · Nashville, TN 37203
131 units1BD – 3BD + DenThe GulchUSD + GBID
HOA: $0.81 × interior sq ft / mo
Unit Type
Bedrooms + Den & Bathrooms
Furniture Package
OSE — Operating Supplies & EquipmentOne-time fee
OSE fee
$2,500
One-time · included in total investment
Total one-time setup
Furniture + OSE
Covers initial operating supplies and equipment required to prepare the unit for STR operations.
Parking SpotOptional one-time purchase
No parking spot included.
HOA Fee Calculator$0.75 × sq ft / mo
Adjust to your unit's exact sq ft
1,197 sq ft
Financing
2% of purchase price
Annual Expenses
$150/mo = $1,800/yr
$150/mo = $1,800/yr
$50/mo × 3 sleeping rooms
STR Permit Type
Non-owner occupied STR permit → assessed at 40% (commercial) per Metro Nashville Assessor · TCA § 67-5-801.
Summary
Metro Nashville USD property tax2025 rate: $2.814/$100
Source: Nashville Assessor of Property (padctn.org) · TCA § 67-5-801 · 2025 certified rates: USD $2.814/$100, GBID surcharge $0.1081/$100. NOO permit → commercial 40%; OO → residential 25%.
Both scenarios — this unit
Historical USD rates — Davidson County
YearUSD rateResidential 25%Commercial 40% (NOO)Notes
Revenue growth set to 1.5% per AirDNA’s 2026 U.S. STR Outlook. All expenses inflate at the rate above.
Cash-on-cash vs. occupancy & ADR
6%+ Strong 3–6% Good 0–3% Thin Neg Loss
About this calculator

Built for buyers evaluating a short-term rental investment at Modernest WeHo or Modernest Gulch View in Nashville, Tennessee.

Revenue data

Market-wide figures (53% occupancy, $349 ADR) sourced from AirDNA’s public Nashville MarketMinder. Unit-type benchmarks modeled from AirDNA data combined with Rabbu and AirROI market research. These are estimates, not guarantees.

Property tax

2025 certified rates from Metro Nashville Assessor: USD $2.814/$100, GBID $0.1081/$100 surcharge. Per TCA § 67-5-801: NOO STR → commercial 40%; OO → residential 25%.

Disclaimer

For illustrative purposes only. Consult a licensed real estate professional, tax advisor, and financial advisor before making any investment decision.