Property Analysis for 302 Maple St, Madison, TN 37115

Long-Term Rental Analysis

302 Maple St, Madison, TN 37115

$150,000 • 2 beds • 1 baths • 870 sqft

This property might be a fair Long-Term investment with a projected 3.96% first-year return on $31,500 initial cash invested.

Cash On Cash

3.96%

Cap Rate

7.79%

Rent

$1,430

Cashflow

$104

Rent Confidence: High

Annual

$17,160

Median

$1,475

Avg

$1,430

Samples

Financing

Purchase Price $150k

Downpayment 20.0%

Interest Rate 7.0%

Mortgage Duration 30yr.

Cash To Invest

Total $31,500

Downpayment 20% $30,000

Closing costs 1% $1,500

Rehab 0% $0

Furnishing 0% $0

Cashflow

Total Income $1,430

Total Expenses $1,326

Mortgage P&I 56% $798

Property Taxes 7% $103

Home Insurance 4% $52

PManagement 10% $143

CapEx 5% $72

Vacancy 6% $86

Maintenance 5% $72

Other 0% $0

Google Maps with the subject property comparables is loading...

#	Comparable Property	Rent	Beds	Baths	SQFT	Distance
1	412 Elm St	$1495	2	1	880	0.3 mi
2	314 Harrington Ave	$1700	2	1	884	0.5 mi
3	606 Bixler Ave	$1400	2	1	865	0.8 mi
4	318 Wiley St	$1550	2	1	853	0.8 mi
5	216 Elm St	$1495	2	1	816	0.2 mi
6	316 Elm St	$1850	2	1	799	0.1 mi
7	921 Cayce Dr	$1475	2	1	869	1.6 mi
8	301 Hickory St	$1550	2	1	963	0.2 mi
9	321 Harris St	$1495	2	1	792	0.4 mi
10	554 E Maple St	$1095	2	1	806	0.6 mi
11	212 Myatt Dr	$1225	2	1	888	1.7 mi
12	265 E Old Hickory Blvd, Apt C7	$1299	2	1.5	850	0.2 mi
13	265 E Old Hickory Blvd, Apt C8	$1299	2	1.5	850	0.2 mi
14	265 E Old Hickory Blvd, Apt C9	$1299	2	1.5	850	0.2 mi
15	265 E Old Hickory Blvd, Apt C10	$1399	2	1.5	850	0.3 mi
16	555 N Dupont Ave, Apt C46	$1250	2	1	800	1 mi
17	632 Cheryl Ave	$1700	2	1	947	1 mi
18	853 Gallavista Ave	$1250	2	1	800	1.2 mi
19	853 Gallavista Ave Unit A	$1250	2	1	800	1.2 mi
20	518 E Maple St	$1525	2	1	757	0.5 mi
21	501B Fedders Dr	$1495	2	1	800	1.3 mi
22	501 Fedders Ave Unit B	$1500	2	1	800	1.3 mi
23	141 Harris St, Apt 2	$950	2	1	750	0.5 mi
24	555 N Dupont Ave	$1200	2	1	968	1.1 mi
25	209 Neelys Bend Rd	$2000	2	1	1000	0.7 mi

Projections