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$2,518 (target)

603 Maple Ln, Chattanooga, TN 37411

3 beds • 2 baths • 1486 sqft

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This property might be a fair Mid-Term investment with a projected 3.81% first-year return on $65,481 initial cash invested.

3.81%

Cash On Cash

8.19%

Cap Rate

1.25

DSCR

$2,518

Rent

$208

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,518 income − $2,310 expenses = $208 cash flow

Income$2,518Mortgage P&I$1,23449%Property Taxes$1396%Insurance$803%Management$30212%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27711%Cash Flow$208

Investment Breakdown

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Purchase Price

$226k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,481

Downpayment

20%

$45,220

Closing costs

1%

$2,261

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,518

Total Expenses

$2,310

Mortgage P&I

49%

$1,234

Property Taxes

6%

$139

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$302

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$277

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