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3086 Penn Meade Way, Nashville, TN 37214

3 beds • 2 baths • 960 sqft

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This property looks like a bad Long-Term investment with a projected -2.42% first-year return on $63,000 initial cash invested.

-2.42%

Cash On Cash

5.67%

Cap Rate

0.99

DSCR

$2,120

Rent

-$127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,120

Total Expenses

$2,247

Mortgage P&I

68%

$1,438

Property Taxes

7%

$153

Home Insurance

5%

$105

PManagement

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

3204 Penn Meade Way, Nashville, TN 37214

$1,840

3

2

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1.3 mi

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2

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5

4

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0.6 mi

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2

1

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0.9 mi

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$2,850

5

4

3030

0.6 mi

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$1,100

2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

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