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$2,502 (target)

1379 Lagrange Downs Rd, Cordova, TN 38018

3 beds • 2 baths • 1234 sqft

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This property might be a fair Mid-Term investment with a projected 4.57% first-year return on $64,809 initial cash invested.

4.57%

Cash On Cash

8.4%

Cap Rate

1.29

DSCR

$2,502

Rent

$247

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,502 income − $2,255 expenses = $247 cash flow

Income$2,502Mortgage P&I$1,21449%Property Taxes$1124%Insurance$793%Management$30012%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27511%Cash Flow$247

Investment Breakdown

|

Purchase Price

$223k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,809

Downpayment

20%

$44,580

Closing costs

1%

$2,229

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,502

Total Expenses

$2,255

Mortgage P&I

49%

$1,214

Property Taxes

4%

$112

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$300

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$275

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