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$4,094 (target)

3411 Hamilton Place Dr, Morristown, TN 37814

3 beds • 3 baths • 1656 sqft

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This property could be a profitable Mid-Term investment with a projected 17.63% first-year return on $72,075 initial cash invested.

17.63%

Cash On Cash

11.87%

Cap Rate

1.92

DSCR

$4,094

Rent

$1,059

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,094 income − $3,035 expenses = $1,059 cash flow

Income$4,094Mortgage P&I$1,32532%Property Taxes$1053%Insurance$932%HOA$1203%Management$49112%CapEx$1644%Vacancy$1233%Maintenance$1644%Other$45011%Cash Flow$1,059

Investment Breakdown

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Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,075

Downpayment

20%

$51,500

Closing costs

1%

$2,575

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$4,094

Total Expenses

$3,035

Mortgage P&I

32%

$1,325

Property Taxes

3%

$105

Home Insurance

2%

$93

HOA

3%

$120

Property Management

12%

$491

CapEx

4%

$164

Vacancy

3%

$123

Maintenance

4%

$164

Other

11%

$450

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