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$3,386 (target)

6188 Wardwell Dr, Ooltewah, TN 37363

3 beds • 3 baths • 1738 sqft

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This property might be a fair Mid-Term investment with a projected 5.26% first-year return on $86,691 initial cash invested.

5.26%

Cash On Cash

7.91%

Cap Rate

1.31

DSCR

$3,386

Rent

$380

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,386 income − $3,006 expenses = $380 cash flow

Income$3,386Mortgage P&I$1,64248%Property Taxes$973%Insurance$1173%Management$40612%CapEx$1354%Vacancy$1023%Maintenance$1354%Other$37211%Cash Flow$380

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,691

Downpayment

20%

$65,420

Closing costs

1%

$3,271

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,386

Total Expenses

$3,006

Mortgage P&I

48%

$1,642

Property Taxes

3%

$97

Home Insurance

3%

$117

HOA

0%

$0

Property Management

12%

$406

CapEx

4%

$135

Vacancy

3%

$102

Maintenance

4%

$135

Other

11%

$372

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