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$2,331 (target)

412 Cherokee Hills Ave, Munford, TN 38058

3 beds • 2 baths • 1261 sqft

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This property might be a fair Mid-Term investment with a projected 1.72% first-year return on $67,497 initial cash invested.

1.72%

Cash On Cash

7.51%

Cap Rate

1.15

DSCR

$2,331

Rent

$97

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,331 income − $2,234 expenses = $97 cash flow

Income$2,331Mortgage P&I$1,28655%Property Taxes$723%Insurance$844%Management$28012%CapEx$934%Vacancy$703%Maintenance$934%Other$25611%Cash Flow$97

Investment Breakdown

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Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,497

Downpayment

20%

$47,140

Closing costs

1%

$2,357

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,331

Total Expenses

$2,234

Mortgage P&I

55%

$1,286

Property Taxes

3%

$72

Home Insurance

4%

$84

HOA

0%

$0

Property Management

12%

$280

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$256

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