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$2,238 (target)

3054 Leeridge Dr, Bartlett, TN 38134

3 beds • 2 baths • 1289 sqft

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This property might be a fair Mid-Term investment with a projected 0.97% first-year return on $61,680 initial cash invested.

0.97%

Cash On Cash

7.22%

Cap Rate

1.13

DSCR

$2,238

Rent

$50

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,238 income − $2,188 expenses = $50 cash flow

Income$2,238Mortgage P&I$1,11250%Property Taxes$23911%Insurance$753%Management$26912%CapEx$904%Vacancy$673%Maintenance$904%Other$24611%Cash Flow$50

Investment Breakdown

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Purchase Price

$208k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,680

Downpayment

20%

$41,600

Closing costs

1%

$2,080

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,238

Total Expenses

$2,188

Mortgage P&I

50%

$1,112

Property Taxes

11%

$239

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$269

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$246

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