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$2,364 (target)

181 Smith Ave, Elizabethton, TN 37643

3 beds • 2 baths • 2808 sqft

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This property looks like a bad Mid-Term investment with a projected -0.26% first-year return on $75,162 initial cash invested.

-0.26%

Cash On Cash

6.59%

Cap Rate

1.06

DSCR

$2,364

Rent

-$16

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,364 income − $2,380 expenses = $16 out of pocket

Income$2,364Out of Pocket$16Mortgage P&I$1,41560%Property Taxes$603%Insurance$1004%Management$28412%CapEx$954%Vacancy$713%Maintenance$954%Other$26011%

Investment Breakdown

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Purchase Price

$272k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,162

Downpayment

20%

$54,440

Closing costs

1%

$2,722

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,364

Total Expenses

$2,380

Mortgage P&I

60%

$1,415

Property Taxes

3%

$60

Home Insurance

4%

$100

HOA

0%

$0

Property Management

12%

$284

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$260

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