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$2,570 (target)

109 Spirit Dr, Elizabethton, TN 37643

3 beds • 2 baths • 1223 sqft

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This property might be a fair Mid-Term investment with a projected 2.61% first-year return on $73,566 initial cash invested.

2.61%

Cash On Cash

7.43%

Cap Rate

1.19

DSCR

$2,570

Rent

$160

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,570 income − $2,410 expenses = $160 cash flow

Income$2,570Mortgage P&I$1,37554%Property Taxes$673%Insurance$944%Management$30812%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28311%Cash Flow$160

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,566

Downpayment

20%

$52,920

Closing costs

1%

$2,646

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,570

Total Expenses

$2,410

Mortgage P&I

54%

$1,375

Property Taxes

3%

$67

Home Insurance

4%

$94

HOA

0%

$0

Property Management

12%

$308

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$283

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