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$2,811 (target)

581 Idlewild Dr, Sparta, TN 38583

3 beds • 3 baths • 1431 sqft

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This property might be a fair Mid-Term investment with a projected 2.45% first-year return on $76,947 initial cash invested.

2.45%

Cash On Cash

7.67%

Cap Rate

1.18

DSCR

$2,811

Rent

$157

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,811 income − $2,654 expenses = $157 cash flow

Income$2,811Mortgage P&I$1,52654%Property Taxes$682%Insurance$1024%HOA$4Management$33712%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30911%Cash Flow$157

Investment Breakdown

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Purchase Price

$281k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,947

Downpayment

20%

$56,140

Closing costs

1%

$2,807

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,811

Total Expenses

$2,654

Mortgage P&I

54%

$1,526

Property Taxes

2%

$68

Home Insurance

4%

$102

HOA

0%

$4

Property Management

12%

$337

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$309

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