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$3,418 (target)

3107 Martin Rd, Chattanooga, TN 37415

3 beds • 2 baths • 1744 sqft

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This property might be a fair Mid-Term investment with a projected 3.04% first-year return on $91,248 initial cash invested.

3.04%

Cash On Cash

7.16%

Cap Rate

1.21

DSCR

$3,418

Rent

$231

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,418 income − $3,187 expenses = $231 cash flow

Income$3,418Mortgage P&I$1,71350%Property Taxes$1855%Insurance$1264%Management$41012%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37611%Cash Flow$231

Investment Breakdown

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Purchase Price

$349k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,248

Downpayment

20%

$69,760

Closing costs

1%

$3,488

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,418

Total Expenses

$3,187

Mortgage P&I

50%

$1,713

Property Taxes

5%

$185

Home Insurance

4%

$126

HOA

0%

$0

Property Management

12%

$410

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$376

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