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$2,974 (target)

3020 Ditty Rd, Cookeville, TN 38506

3 beds • 2 baths • 1464 sqft

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This property looks like a bad Mid-Term investment with a projected -1.23% first-year return on $91,395 initial cash invested.

-1.23%

Cash On Cash

6.31%

Cap Rate

1.01

DSCR

$2,974

Rent

-$94

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,974 income − $3,068 expenses = $94 out of pocket

Income$2,974Out of Pocket$94Mortgage P&I$1,81361%Property Taxes$1224%Insurance$1224%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32711%

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,395

Downpayment

20%

$69,900

Closing costs

1%

$3,495

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,974

Total Expenses

$3,068

Mortgage P&I

61%

$1,813

Property Taxes

4%

$122

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$327

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