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$6,266 (target)

2243 Wingspan Dr, Sevierville, TN 37876

3 beds • 4 baths • 2310 sqft

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This property might be a fair Mid-Term investment with a projected 4.13% first-year return on $150k initial cash invested.

4.13%

Cash On Cash

7.48%

Cap Rate

1.24

DSCR

$6,266

Rent

$517

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,266 income − $5,749 expenses = $517 cash flow

Income$6,266Mortgage P&I$3,15350%Property Taxes$2374%Insurance$2284%Management$75212%CapEx$2514%Vacancy$1883%Maintenance$2514%Other$68911%Cash Flow$517

Investment Breakdown

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Purchase Price

$629k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$126k

Closing costs

1%

$6,293

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,266

Total Expenses

$5,749

Mortgage P&I

50%

$3,153

Property Taxes

4%

$237

Home Insurance

4%

$228

HOA

0%

$0

Property Management

12%

$752

CapEx

4%

$251

Vacancy

3%

$188

Maintenance

4%

$251

Other

11%

$689

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