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$2,936 (target)

2709 Mountain Cove Pl NW, Cleveland, TN 37312

3 beds • 2 baths • 1636 sqft

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This property looks like a bad Mid-Term investment with a projected -2.59% first-year return on $90,828 initial cash invested.

-2.59%

Cash On Cash

6.11%

Cap Rate

0.96

DSCR

$2,936

Rent

-$196

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,936 income − $3,132 expenses = $196 out of pocket

Income$2,936Out of Pocket$196Mortgage P&I$1,84463%Property Taxes$1626%Insurance$1294%Management$35212%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32311%

Investment Breakdown

|

Purchase Price

$347k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,828

Downpayment

20%

$69,360

Closing costs

1%

$3,468

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,936

Total Expenses

$3,132

Mortgage P&I

63%

$1,844

Property Taxes

6%

$162

Home Insurance

4%

$129

HOA

0%

$0

Property Management

12%

$352

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$323

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