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$2,588 (target)

35 Ping Hill Cv, Counce, TN 38326

3 beds • 2 baths • 1007 sqft

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This property might be a fair Mid-Term investment with a projected 2.33% first-year return on $72,663 initial cash invested.

2.33%

Cash On Cash

7.67%

Cap Rate

1.17

DSCR

$2,588

Rent

$141

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,588 income − $2,447 expenses = $141 cash flow

Income$2,588Mortgage P&I$1,41855%Property Taxes$683%Insurance$793%Management$31112%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28511%Cash Flow$141

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,663

Downpayment

20%

$52,060

Closing costs

1%

$2,603

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,588

Total Expenses

$2,447

Mortgage P&I

55%

$1,418

Property Taxes

3%

$68

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$311

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$285

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