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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 -7.84% first-year return on $112k initial cash invested.

-7.84%

Cash On Cash

4.7%

Cap Rate

0.75

DSCR

$3,105

Rent

-$730

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,105 income − $3,835 expenses = $730 out of pocket

Income$3,105Out of Pocket$730Mortgage P&I$2,46579%Property Taxes$1485%Insurance$1665%Management$37312%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34211%

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

$3,105

Total Expenses

$3,835

Mortgage P&I

79%

$2,465

Property Taxes

5%

$148

Home Insurance

5%

$166

HOA

0%

$0

Property Management

12%

$373

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$342

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