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$2,193 (target)

6104 Caleb Pl, Ooltewah, TN 37363

3 beds • 2 baths • 1664 sqft

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This property looks like a bad Long-Term investment with a projected -5.2% first-year return on $70,644 initial cash invested.

-5.2%

Cash On Cash

5.38%

Cap Rate

0.88

DSCR

$2,193

Rent

-$306

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,193 income − $2,499 expenses = $306 out of pocket

Income$2,193Out of Pocket$306Mortgage P&I$1,70478%Property Taxes$914%Insurance$1336%Management$21910%CapEx$1105%Vacancy$1326%Maintenance$1105%

Investment Breakdown

|

Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,644

Downpayment

20%

$67,280

Closing costs

1%

$3,364

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,193

Total Expenses

$2,499

Mortgage P&I

78%

$1,704

Property Taxes

4%

$91

Home Insurance

6%

$133

HOA

0%

$0

Property Management

10%

$219

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

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