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2407 Ridgehigh Pass, Sevierville, TN 37876

2 beds • 2 baths • 1050 sqft

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This property looks like a bad Mid-Term investment with a projected -7.51% first-year return on $112k initial cash invested.

-7.51%

Cash On Cash

4.78%

Cap Rate

0.77

DSCR

$3,150

Rent

-$699

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,150 income − $3,849 expenses = $699 out of pocket

Income$3,150Out of Pocket$699Mortgage P&I$2,46578%Property Taxes$1485%Insurance$1665%Management$37812%CapEx$1264%Vacancy$943%Maintenance$1264%Other$34611%

Investment Breakdown

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Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

3%

$12,000

Cashflow

Total Income

$3,150

Total Expenses

$3,849

Mortgage P&I

78%

$2,465

Property Taxes

5%

$148

Home Insurance

5%

$166

HOA

0%

$0

Property Management

12%

$378

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

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