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$1,839 (target)

6072 Creekside Dr, Milan, TN 38358

3 beds • 2 baths • 1707 sqft

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This property looks like a bad Long-Term investment with a projected -8.23% first-year return on $60,249 initial cash invested.

-8.23%

Cash On Cash

4.87%

Cap Rate

0.78

DSCR

$1,839

Rent

-$413

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,839 income − $2,252 expenses = $413 out of pocket

Income$1,839Out of Pocket$413Mortgage P&I$1,48681%Property Taxes$18610%Insurance$1026%Management$18410%CapEx$925%Vacancy$1106%Maintenance$925%

Investment Breakdown

|

Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,249

Downpayment

20%

$57,380

Closing costs

1%

$2,869

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,839

Total Expenses

$2,252

Mortgage P&I

81%

$1,486

Property Taxes

10%

$186

Home Insurance

6%

$102

HOA

0%

$0

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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