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$4,802 (target)

1025 Hickory View Dr, Morristown, TN 37814

3 beds • 3 baths • 2533 sqft

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This property might be a fair Mid-Term investment with a projected 6.16% first-year return on $113k initial cash invested.

6.16%

Cash On Cash

8.09%

Cap Rate

1.34

DSCR

$4,802

Rent

$582

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,802 income − $4,220 expenses = $582 cash flow

Income$4,802Mortgage P&I$2,28648%Property Taxes$1363%Insurance$1613%HOA$5Management$57612%CapEx$1924%Vacancy$1443%Maintenance$1924%Other$52811%Cash Flow$582

Investment Breakdown

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Purchase Price

$454k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,780

Closing costs

1%

$4,539

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,802

Total Expenses

$4,220

Mortgage P&I

48%

$2,286

Property Taxes

3%

$136

Home Insurance

3%

$161

HOA

0%

$5

Property Management

12%

$576

CapEx

4%

$192

Vacancy

3%

$144

Maintenance

4%

$192

Other

11%

$528

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