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1876 Ridgewood Dr, Sparta, TN 38583

3 beds • 3 baths • 1975 sqft

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This property looks like a bad Long-Term investment with a projected -15.45% first-year return on $97,629 initial cash invested.

-15.45%

Cash On Cash

2.85%

Cap Rate

0.49

DSCR

$1,744

Rent

-$1,257

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$465k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,629

Downpayment

20%

$92,980

Closing costs

1%

$4,649

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,744

Total Expenses

$3,001

Mortgage P&I

130%

$2,274

Property Taxes

6%

$111

Home Insurance

9%

$163

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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