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$3,376 (target)

1320 Benton Pike NE, Cleveland, TN 37311

3 beds • 2 baths • 2012 sqft

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This property might be a fair Mid-Term investment with a projected 7.21% first-year return on $83,877 initial cash invested.

7.21%

Cash On Cash

8.4%

Cap Rate

1.41

DSCR

$3,376

Rent

$504

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,376 income − $2,872 expenses = $504 cash flow

Income$3,376Mortgage P&I$1,55746%Property Taxes$542%Insurance$1143%Management$40512%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37111%Cash Flow$504

Investment Breakdown

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Purchase Price

$314k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,877

Downpayment

20%

$62,740

Closing costs

1%

$3,137

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,376

Total Expenses

$2,872

Mortgage P&I

46%

$1,557

Property Taxes

2%

$54

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$405

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$371

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