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$3,771 (target)

2686 Lakemont Cir, Morristown, TN 37814

3 beds • 2 baths • 2029 sqft

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This property could be a profitable Mid-Term investment with a projected 12.53% first-year return on $79,278 initial cash invested.

12.53%

Cash On Cash

10.03%

Cap Rate

1.67

DSCR

$3,771

Rent

$828

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,771 income − $2,943 expenses = $828 cash flow

Income$3,771Mortgage P&I$1,45939%Property Taxes$963%Insurance$1053%Management$45312%CapEx$1514%Vacancy$1133%Maintenance$1514%Other$41511%Cash Flow$828

Investment Breakdown

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Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,278

Downpayment

20%

$58,360

Closing costs

1%

$2,918

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,771

Total Expenses

$2,943

Mortgage P&I

39%

$1,459

Property Taxes

3%

$96

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$453

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$415

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