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$2,121 (target)

5584 Ramer Selmer Rd, Selmer, TN 38375

3 beds • 2 baths • 1089 sqft

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This property might be a fair Mid-Term investment with a projected 2.43% first-year return on $62,625 initial cash invested.

2.43%

Cash On Cash

7.73%

Cap Rate

1.18

DSCR

$2,121

Rent

$127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,121 income − $1,994 expenses = $127 cash flow

Income$2,121Mortgage P&I$1,15755%Property Taxes$412%Insurance$743%Management$25512%CapEx$854%Vacancy$643%Maintenance$854%Other$23311%Cash Flow$127

Investment Breakdown

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Purchase Price

$213k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,625

Downpayment

20%

$42,500

Closing costs

1%

$2,125

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,121

Total Expenses

$1,994

Mortgage P&I

55%

$1,157

Property Taxes

2%

$41

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$255

CapEx

4%

$85

Vacancy

3%

$64

Maintenance

4%

$85

Other

11%

$233

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