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 Long-Term investment with a projected -28.35% first-year return on $231k initial cash invested.
-28.35%
Cash On Cash
0.18%
Cap Rate
0.03
DSCR
$699
Rent
-$5,457
Cashflow
Cash Flow
$699 income − $6,156 expenses = $5,457 out of pocket
Investment Breakdown
|
Purchase Price
$1100k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$231k
Downpayment
20%
$220k
Closing costs
1%
$11,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$699
Total Expenses
$6,156
Mortgage P&I
799%
$5,585
Property Taxes
1%
$4
Home Insurance
55%
$385
HOA
0%
$0
Property Management
10%
$70
CapEx
5%
$35
Vacancy
6%
$42
Maintenance
5%
$35
Other
0%
$0