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$3,104 (target)

1311 Chestnut Glade Rd, Martin, TN 38237

3 beds • 2 baths • 1845 sqft

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This property might be a fair Mid-Term investment with a projected 8.88% first-year return on $72,810 initial cash invested.

8.88%

Cash On Cash

9.29%

Cap Rate

1.49

DSCR

$3,104

Rent

$539

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,104 income − $2,565 expenses = $539 cash flow

Income$3,104Mortgage P&I$1,35744%Property Taxes$582%Insurance$963%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%Cash Flow$539

Investment Breakdown

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Purchase Price

$261k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,810

Downpayment

20%

$52,200

Closing costs

1%

$2,610

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,104

Total Expenses

$2,565

Mortgage P&I

44%

$1,357

Property Taxes

2%

$58

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

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