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$4,030 (target)

238 4th St, Erwin, TN 37650

3 beds • 3 baths • 2288 sqft

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This property might be a fair Mid-Term investment with a projected 9.82% first-year return on $86,292 initial cash invested.

9.82%

Cash On Cash

9.37%

Cap Rate

1.52

DSCR

$4,030

Rent

$706

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,030 income − $3,324 expenses = $706 cash flow

Income$4,030Mortgage P&I$1,67141%Property Taxes$1644%Insurance$1193%Management$48412%CapEx$1614%Vacancy$1213%Maintenance$1614%Other$44311%Cash Flow$706

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,292

Downpayment

20%

$65,040

Closing costs

1%

$3,252

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,030

Total Expenses

$3,324

Mortgage P&I

41%

$1,671

Property Taxes

4%

$164

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$484

CapEx

4%

$161

Vacancy

3%

$121

Maintenance

4%

$161

Other

11%

$443

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