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$3,960 (target)

1214 Little Sorrel Rd #54, Hixson, TN 37343

3 beds • 3 baths • 2300 sqft

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This property looks like a bad Mid-Term investment with a projected -3.69% first-year return on $130k initial cash invested.

-3.69%

Cash On Cash

5.44%

Cap Rate

0.91

DSCR

$3,960

Rent

-$401

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,960 income − $4,361 expenses = $401 out of pocket

Income$3,960Out of Pocket$401Mortgage P&I$2,67067%Property Taxes$752%Insurance$1875%HOA$832%Management$47512%CapEx$1584%Vacancy$1193%Maintenance$1584%Other$43611%

Investment Breakdown

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Purchase Price

$535k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,350

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,960

Total Expenses

$4,361

Mortgage P&I

67%

$2,670

Property Taxes

2%

$75

Home Insurance

5%

$187

HOA

2%

$83

Property Management

12%

$475

CapEx

4%

$158

Vacancy

3%

$119

Maintenance

4%

$158

Other

11%

$436

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