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$3,411 (target)

2443 Rosemeade Dr, Morristown, TN 37814

3 beds • 3 baths • 2048 sqft

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This property looks like a bad Mid-Term investment with a projected -3.35% first-year return on $110k initial cash invested.

-3.35%

Cash On Cash

5.46%

Cap Rate

0.92

DSCR

$3,411

Rent

-$308

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,411 income − $3,719 expenses = $308 out of pocket

Income$3,411Out of Pocket$308Mortgage P&I$2,17164%Property Taxes$1906%Insurance$1585%HOA$421%Management$40912%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37511%

Investment Breakdown

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Purchase Price

$439k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,840

Closing costs

1%

$4,392

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,411

Total Expenses

$3,719

Mortgage P&I

64%

$2,171

Property Taxes

6%

$190

Home Insurance

5%

$158

HOA

1%

$42

Property Management

12%

$409

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$375

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