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$3,398 (target)

1317 Hixson Pike, Chattanooga, TN 37405

3 beds • 2 baths • 1224 sqft

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This property looks like a bad Mid-Term investment with a projected -3.6% first-year return on $107k initial cash invested.

-3.6%

Cash On Cash

5.47%

Cap Rate

0.91

DSCR

$3,398

Rent

-$320

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,398 income − $3,718 expenses = $320 out of pocket

Income$3,398Out of Pocket$320Mortgage P&I$2,11262%Property Taxes$2949%Insurance$1565%Management$40812%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37411%

Investment Breakdown

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Purchase Price

$423k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,580

Closing costs

1%

$4,229

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,398

Total Expenses

$3,718

Mortgage P&I

62%

$2,112

Property Taxes

9%

$294

Home Insurance

5%

$156

HOA

0%

$0

Property Management

12%

$408

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$374

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