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$2,650 (target)

1023 Hunters Point Dr, Cordova, TN 38018

3 beds • 2 baths • 1554 sqft

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This property might be a fair Mid-Term investment with a projected 1.72% first-year return on $71,823 initial cash invested.

1.72%

Cash On Cash

7.04%

Cap Rate

1.16

DSCR

$2,650

Rent

$103

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,650 income − $2,547 expenses = $103 cash flow

Income$2,650Mortgage P&I$1,29549%Property Taxes$25910%Insurance$913%Management$31812%CapEx$1064%Vacancy$803%Maintenance$1064%Other$29211%Cash Flow$103

Investment Breakdown

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Purchase Price

$256k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,823

Downpayment

20%

$51,260

Closing costs

1%

$2,563

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,650

Total Expenses

$2,547

Mortgage P&I

49%

$1,295

Property Taxes

10%

$259

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$318

CapEx

4%

$106

Vacancy

3%

$80

Maintenance

4%

$106

Other

11%

$292

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