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$1,978 (target)

3034 Ditty Rd, Cookeville, TN 38506

3 beds • 2 baths • 1453 sqft

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This property looks like a bad Long-Term investment with a projected -9.71% first-year return on $73,395 initial cash invested.

-9.71%

Cash On Cash

4.53%

Cap Rate

0.73

DSCR

$1,978

Rent

-$594

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,978 income − $2,572 expenses = $594 out of pocket

Income$1,978Out of Pocket$594Mortgage P&I$1,81392%Property Taxes$1226%Insurance$1226%Management$19810%CapEx$995%Vacancy$1196%Maintenance$995%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,395

Downpayment

20%

$69,900

Closing costs

1%

$3,495

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,978

Total Expenses

$2,572

Mortgage P&I

92%

$1,813

Property Taxes

6%

$122

Home Insurance

6%

$122

HOA

0%

$0

Property Management

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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