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$2,528 (target)

221 Pippin Hollow Rd, Erwin, TN 37650

3 beds • 2 baths • 1144 sqft

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This property might be a fair Mid-Term investment with a projected 2.04% first-year return on $68,400 initial cash invested.

2.04%

Cash On Cash

7.9%

Cap Rate

1.16

DSCR

$2,528

Rent

$116

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,528 income − $2,412 expenses = $116 cash flow

Income$2,528Mortgage P&I$1,36454%Property Taxes$1054%Insurance$843%Management$30312%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27811%Cash Flow$116

Investment Breakdown

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Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,400

Downpayment

20%

$48,000

Closing costs

1%

$2,400

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,528

Total Expenses

$2,412

Mortgage P&I

54%

$1,364

Property Taxes

4%

$105

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$303

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$278

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