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2516 Wayland Ave, Knoxville, TN 37914

3 beds • 2 baths • 1196 sqft

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This property could be a profitable Long-Term investment with a projected 11.77% first-year return on $39,879 initial cash invested.

11.77%

Cash On Cash

8.82%

Cap Rate

1.53

DSCR

$1,890

Rent

$391

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$190k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,879

Downpayment

20%

$37,980

Closing costs

1%

$1,899

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,890

Total Expenses

$1,499

Mortgage P&I

48%

$910

Property Taxes

2%

$33

Home Insurance

3%

$66

PManagement

10%

$189

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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Distance

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2

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$2,850

5

4

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2

1

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$2,850

5

4

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0.6 mi

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$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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