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$2,722 (target)

4189 Luther Rd, Bartlett, TN 38135

3 beds • 2 baths • 1306 sqft

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This property might be a fair Mid-Term investment with a projected 3.72% first-year return on $68,085 initial cash invested.

3.72%

Cash On Cash

7.98%

Cap Rate

1.25

DSCR

$2,722

Rent

$211

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,722 income − $2,511 expenses = $211 cash flow

Income$2,722Mortgage P&I$1,26747%Property Taxes$2308%Insurance$883%Management$32712%CapEx$1094%Vacancy$823%Maintenance$1094%Other$29911%Cash Flow$211

Investment Breakdown

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Purchase Price

$239k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,085

Downpayment

20%

$47,700

Closing costs

1%

$2,385

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,722

Total Expenses

$2,511

Mortgage P&I

47%

$1,267

Property Taxes

8%

$230

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$327

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$299

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