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$2,667 (target)

207 Sycamore St, Erwin, TN 37650

3 beds • 2 baths • 1740 sqft

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This property might be a fair Mid-Term investment with a projected 1.54% first-year return on $79,278 initial cash invested.

1.54%

Cash On Cash

6.82%

Cap Rate

1.14

DSCR

$2,667

Rent

$102

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,667 income − $2,565 expenses = $102 cash flow

Income$2,667Mortgage P&I$1,44954%Property Taxes$1114%Insurance$984%Management$32012%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29311%Cash Flow$102

Investment Breakdown

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Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,278

Downpayment

20%

$58,360

Closing costs

1%

$2,918

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,667

Total Expenses

$2,565

Mortgage P&I

54%

$1,449

Property Taxes

4%

$111

Home Insurance

4%

$98

HOA

0%

$0

Property Management

12%

$320

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$293

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