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$2,074 (target)

1699 E Reelfoot Ave, Union City, TN 38261

3 beds • 2 baths • 1378 sqft

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This property might be a fair Mid-Term investment with a projected 2.27% first-year return on $60,882 initial cash invested.

2.27%

Cash On Cash

7.66%

Cap Rate

1.18

DSCR

$2,074

Rent

$115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,074 income − $1,959 expenses = $115 cash flow

Income$2,074Mortgage P&I$1,10653%Property Taxes$854%Insurance$633%Management$24912%CapEx$834%Vacancy$623%Maintenance$834%Other$22811%Cash Flow$115

Investment Breakdown

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Purchase Price

$204k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,882

Downpayment

20%

$40,840

Closing costs

1%

$2,042

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,074

Total Expenses

$1,959

Mortgage P&I

53%

$1,106

Property Taxes

4%

$85

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$249

CapEx

4%

$83

Vacancy

3%

$62

Maintenance

4%

$83

Other

11%

$228

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