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$4,490 (target)

2549 Hearth Stone Dr, Cordova, TN 38016

3 beds • 2 baths • 2439 sqft

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This property might be a fair Mid-Term investment with a projected 8.54% first-year return on $88,497 initial cash invested.

8.54%

Cash On Cash

9.28%

Cap Rate

1.45

DSCR

$4,490

Rent

$630

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,490 income − $3,860 expenses = $630 cash flow

Income$4,490Mortgage P&I$1,78540%Property Taxes$42810%Insurance$1193%Management$53912%CapEx$1804%Vacancy$1353%Maintenance$1804%Other$49411%Cash Flow$630

Investment Breakdown

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Purchase Price

$336k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,497

Downpayment

20%

$67,140

Closing costs

1%

$3,357

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,490

Total Expenses

$3,860

Mortgage P&I

40%

$1,785

Property Taxes

10%

$428

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$539

CapEx

4%

$180

Vacancy

3%

$135

Maintenance

4%

$180

Other

11%

$494

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