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$2,889 (target)

2403 N Pointe Cove Cir, Cookeville, TN 38506

3 beds • 2 baths • 1995 sqft

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This property looks like a bad Mid-Term investment with a projected -4.01% first-year return on $101k initial cash invested.

-4.01%

Cash On Cash

5.32%

Cap Rate

0.89

DSCR

$2,889

Rent

-$337

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,889 income − $3,226 expenses = $337 out of pocket

Income$2,889Out of Pocket$337Mortgage P&I$1,97268%Property Taxes$1264%Insurance$1445%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%

Investment Breakdown

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Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$78,980

Closing costs

1%

$3,949

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,889

Total Expenses

$3,226

Mortgage P&I

68%

$1,972

Property Taxes

4%

$126

Home Insurance

5%

$144

HOA

0%

$0

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

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