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$2,784 (target)

1515 Tyler Cir, Morristown, TN 37814

3 beds • 2 baths • 1368 sqft

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This property might be a fair Mid-Term investment with a projected 6.63% first-year return on $71,529 initial cash invested.

6.63%

Cash On Cash

8.33%

Cap Rate

1.4

DSCR

$2,784

Rent

$395

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,784 income − $2,389 expenses = $395 cash flow

Income$2,784Mortgage P&I$1,26445%Property Taxes$883%Insurance$913%Management$33412%CapEx$1114%Vacancy$843%Maintenance$1114%Other$30611%Cash Flow$395

Investment Breakdown

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Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,529

Downpayment

20%

$50,980

Closing costs

1%

$2,549

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,784

Total Expenses

$2,389

Mortgage P&I

45%

$1,264

Property Taxes

3%

$88

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$334

CapEx

4%

$111

Vacancy

3%

$84

Maintenance

4%

$111

Other

11%

$306

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