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2400 Center Ave, Knoxville, TN 37915

3 beds • 1 baths • 1400 sqft

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This property could be a profitable Long-Term investment with a projected 29.24% first-year return on $27,090 initial cash invested.

29.24%

Cash On Cash

13.04%

Cap Rate

2.16

DSCR

$1,870

Rent

$660

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$129k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,090

Downpayment

20%

$25,800

Closing costs

1%

$1,290

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,870

Total Expenses

$1,210

Mortgage P&I

35%

$648

Property Taxes

2%

$30

Home Insurance

2%

$45

PManagement

10%

$187

CapEx

5%

$94

Vacancy

6%

$112

Maintenance

5%

$94

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

221 S Castle St, Knoxville, TN 37914

$1,495

3

1

1294

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2301 Brooks Ave, Knoxville, TN 37915

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1

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1

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3

1

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0.9 mi

104 W Rancho Del Cerro

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4

2

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1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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