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$2,468 (target)

206 W Highway 22, Union City, TN 38261

3 beds • 2 baths • 1792 sqft

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This property might be a fair Mid-Term investment with a projected 7.63% first-year return on $61,470 initial cash invested.

7.63%

Cash On Cash

9.26%

Cap Rate

1.44

DSCR

$2,468

Rent

$391

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,468 income − $2,077 expenses = $391 cash flow

Income$2,468Mortgage P&I$1,10745%Property Taxes$472%Insurance$843%Management$29612%CapEx$994%Vacancy$743%Maintenance$994%Other$27111%Cash Flow$391

Investment Breakdown

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Purchase Price

$207k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,470

Downpayment

20%

$41,400

Closing costs

1%

$2,070

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,468

Total Expenses

$2,077

Mortgage P&I

45%

$1,107

Property Taxes

2%

$47

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$296

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$271

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