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$2,638 (target)

1909 Shady Lane Pl SW, Cleveland, TN 37311

3 beds • 2 baths • 1196 sqft

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This property might be a fair Mid-Term investment with a projected 4.25% first-year return on $75,729 initial cash invested.

4.25%

Cash On Cash

7.6%

Cap Rate

1.27

DSCR

$2,638

Rent

$268

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,638 income − $2,370 expenses = $268 cash flow

Income$2,638Mortgage P&I$1,36752%Property Taxes$9Insurance$964%Management$31712%CapEx$1064%Vacancy$793%Maintenance$1064%Other$29011%Cash Flow$268

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,729

Downpayment

20%

$54,980

Closing costs

1%

$2,749

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,638

Total Expenses

$2,370

Mortgage P&I

52%

$1,367

Property Taxes

0%

$9

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$317

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$290

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