246 Cherokee Boat Dock Rd, Mooresburg, TN 37811
3 beds • 2 baths • 1200 sqft
$1,100,000
View on ZillowThis property looks like a bad Mid-Term investment with a projected -25.46% first-year return on $249k initial cash invested.
-25.46%
Cash On Cash
0.38%
Cap Rate
0.06
DSCR
$1,048
Rent
-$5,282
Cashflow
Cash Flow
$1,048 income − $6,330 expenses = $5,282 out of pocket
Investment Breakdown
|
Purchase Price
$1100k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$249k
Downpayment
20%
$220k
Closing costs
1%
$11,000
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$1,048
Total Expenses
$6,330
Mortgage P&I
533%
$5,585
Property Taxes
0%
$4
Home Insurance
37%
$385
HOA
0%
$0
Property Management
12%
$126
CapEx
4%
$42
Vacancy
3%
$31
Maintenance
4%
$42
Other
11%
$115