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$3,496 (target)

3209 Landmark Dr, Morristown, TN 37814

3 beds • 2 baths • 3323 sqft

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This property looks like a bad Mid-Term investment with a projected -1.63% first-year return on $104k initial cash invested.

-1.63%

Cash On Cash

6.28%

Cap Rate

1

DSCR

$3,496

Rent

-$141

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,496 income − $3,637 expenses = $141 out of pocket

Income$3,496Out of Pocket$141Mortgage P&I$2,14461%Property Taxes$1564%Insurance$1474%Management$42012%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38511%

Investment Breakdown

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Purchase Price

$409k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,880

Closing costs

1%

$4,094

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,496

Total Expenses

$3,637

Mortgage P&I

61%

$2,144

Property Taxes

4%

$156

Home Insurance

4%

$147

HOA

0%

$0

Property Management

12%

$420

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$385

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