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$2,751 (target)

303 Spring House Ct, Mt Carmel, TN 37645

3 beds • 2 baths • 1440 sqft

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This property looks like a bad Mid-Term investment with a projected -1.56% first-year return on $85,305 initial cash invested.

-1.56%

Cash On Cash

6.16%

Cap Rate

1

DSCR

$2,751

Rent

-$111

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,751 income − $2,862 expenses = $111 out of pocket

Income$2,751Out of Pocket$111Mortgage P&I$1,64560%Property Taxes$1656%Insurance$1164%Management$33012%CapEx$1104%Vacancy$833%Maintenance$1104%Other$30311%

Investment Breakdown

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Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,305

Downpayment

20%

$64,100

Closing costs

1%

$3,205

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,751

Total Expenses

$2,862

Mortgage P&I

60%

$1,645

Property Taxes

6%

$165

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$330

CapEx

4%

$110

Vacancy

3%

$83

Maintenance

4%

$110

Other

11%

$303

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