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$3,540 (target)

4862 Laraine Dr, Millington, TN 38053

3 beds • 3 baths • 2079 sqft

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This property might be a fair Mid-Term investment with a projected 6.32% first-year return on $81,798 initial cash invested.

6.32%

Cash On Cash

8.42%

Cap Rate

1.37

DSCR

$3,540

Rent

$431

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,540 income − $3,109 expenses = $431 cash flow

Income$3,540Mortgage P&I$1,55944%Property Taxes$2387%Insurance$1083%Management$42512%CapEx$1424%Vacancy$1063%Maintenance$1424%Other$38911%Cash Flow$431

Investment Breakdown

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Purchase Price

$304k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,798

Downpayment

20%

$60,760

Closing costs

1%

$3,038

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,540

Total Expenses

$3,109

Mortgage P&I

44%

$1,559

Property Taxes

7%

$238

Home Insurance

3%

$108

HOA

0%

$0

Property Management

12%

$425

CapEx

4%

$142

Vacancy

3%

$106

Maintenance

4%

$142

Other

11%

$389

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