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$2,866 (target)

1719 Purvin Lollar Rd, Sparta, TN 38583

3 beds • 2 baths • 1476 sqft

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This property looks like a bad Mid-Term investment with a projected -5.2% first-year return on $104k initial cash invested.

-5.2%

Cash On Cash

5.16%

Cap Rate

0.84

DSCR

$2,866

Rent

-$450

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,866 income − $3,316 expenses = $450 out of pocket

Income$2,866Out of Pocket$450Mortgage P&I$2,09373%Property Taxes$1014%Insurance$1475%Management$34412%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31511%

Investment Breakdown

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Purchase Price

$409k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,740

Closing costs

1%

$4,087

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,866

Total Expenses

$3,316

Mortgage P&I

73%

$2,093

Property Taxes

4%

$101

Home Insurance

5%

$147

HOA

0%

$0

Property Management

12%

$344

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$315

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