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1074 Milk Plant Rd, Sparta, TN 38583

3 beds • 3 baths • 1870 sqft

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This property looks like a bad Long-Term investment with a projected -10.05% first-year return on $94,479 initial cash invested.

-10.05%

Cash On Cash

3.96%

Cap Rate

0.69

DSCR

$2,191

Rent

-$791

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,479

Downpayment

20%

$89,980

Closing costs

1%

$4,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,191

Total Expenses

$2,982

Mortgage P&I

99%

$2,165

Property Taxes

4%

$89

Home Insurance

7%

$158

HOA

0%

$0

Property Management

10%

$219

CapEx

5%

$110

Vacancy

6%

$131

Maintenance

5%

$110

Other

0%

$0

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