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$3,021 (target)

240 Carrington Ave, Brighton, TN 38011

3 beds • 3 baths • 1684 sqft

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This property might be a fair Mid-Term investment with a projected 1.6% first-year return on $83,394 initial cash invested.

1.6%

Cash On Cash

7.12%

Cap Rate

1.14

DSCR

$3,021

Rent

$111

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,021 income − $2,910 expenses = $111 cash flow

Income$3,021Mortgage P&I$1,61653%Property Taxes$1565%Insurance$1104%Management$36312%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33211%Cash Flow$111

Investment Breakdown

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Purchase Price

$311k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,394

Downpayment

20%

$62,280

Closing costs

1%

$3,114

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,021

Total Expenses

$2,910

Mortgage P&I

53%

$1,616

Property Taxes

5%

$156

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$363

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$332

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