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$3,084 (target)

5720 Clark Rd, Harrison, TN 37341

3 beds • 2 baths • 1707 sqft

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This property might be a fair Mid-Term investment with a projected 4.85% first-year return on $80,979 initial cash invested.

4.85%

Cash On Cash

7.88%

Cap Rate

1.3

DSCR

$3,084

Rent

$327

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,084 income − $2,757 expenses = $327 cash flow

Income$3,084Mortgage P&I$1,51949%Property Taxes$853%Insurance$1053%Management$37012%CapEx$1234%Vacancy$933%Maintenance$1234%Other$33911%Cash Flow$327

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,084

Total Expenses

$2,757

Mortgage P&I

49%

$1,519

Property Taxes

3%

$85

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$370

CapEx

4%

$123

Vacancy

3%

$93

Maintenance

4%

$123

Other

11%

$339

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