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$1,823 (target)

3830 Copper Ridge Rd, Morristown, TN 37814

3 beds • 4 baths • 3120 sqft

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This property looks like a bad Long-Term investment with a projected -24.03% first-year return on $209k initial cash invested.

-24.03%

Cash On Cash

1.28%

Cap Rate

0.21

DSCR

$1,823

Rent

-$4,185

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,823 income − $6,008 expenses = $4,185 out of pocket

Income$1,823Out of Pocket$4,185Mortgage P&I$5,156283%Property Taxes$312%Insurance$34819%Management$18210%CapEx$915%Vacancy$1096%Maintenance$915%

Investment Breakdown

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Purchase Price

$995k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$209k

Downpayment

20%

$199k

Closing costs

1%

$9,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,823

Total Expenses

$6,008

Mortgage P&I

283%

$5,156

Property Taxes

2%

$31

Home Insurance

19%

$348

HOA

0%

$0

Property Management

10%

$182

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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