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$3,428 (target)

430 Appian Way, Chattanooga, TN 37415

3 beds • 2 baths • 1404 sqft

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This property might be a fair Mid-Term investment with a projected 4.09% first-year return on $86,250 initial cash invested.

4.09%

Cash On Cash

7.79%

Cap Rate

1.26

DSCR

$3,428

Rent

$294

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,428 income − $3,134 expenses = $294 cash flow

Income$3,428Mortgage P&I$1,67849%Property Taxes$1775%Insurance$1143%Management$41112%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37711%Cash Flow$294

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,428

Total Expenses

$3,134

Mortgage P&I

49%

$1,678

Property Taxes

5%

$177

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$411

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$377

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