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$2,646 (target)

1505 Kippy Dr, Chattanooga, TN 37421

3 beds • 2 baths • 1662 sqft

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This property looks like a bad Mid-Term investment with a projected -5.51% first-year return on $88,350 initial cash invested.

-5.51%

Cash On Cash

5.29%

Cap Rate

0.83

DSCR

$2,646

Rent

-$406

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,646 income − $3,052 expenses = $406 out of pocket

Income$2,646Out of Pocket$406Mortgage P&I$1,77767%Property Taxes$25810%Insurance$1174%Management$31812%CapEx$1064%Vacancy$793%Maintenance$1064%Other$29111%

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,350

Downpayment

20%

$67,000

Closing costs

1%

$3,350

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,646

Total Expenses

$3,052

Mortgage P&I

67%

$1,777

Property Taxes

10%

$258

Home Insurance

4%

$117

HOA

0%

$0

Property Management

12%

$318

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$291

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