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2432 Edgewood Ave, Knoxville, TN 37917

3 beds • 2 baths • 1491 sqft

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This property looks like a bad Long-Term investment with a projected -2.2% first-year return on $66,990 initial cash invested.

-2.2%

Cash On Cash

5.56%

Cap Rate

0.99

DSCR

$2,070

Rent

-$123

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$319k

Downpayment

20.0%

Interest Rate

5.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,990

Downpayment

20%

$63,800

Closing costs

1%

$3,190

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,070

Total Expenses

$2,193

Mortgage P&I

72%

$1,498

Property Taxes

2%

$44

Home Insurance

5%

$112

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$104

Vacancy

6%

$124

Maintenance

5%

$104

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

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1500

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5

4

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0.6 mi

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2

1

2020

0.9 mi

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4

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0.6 mi

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$1,100

2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

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