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$3,171 (target)

66 Deerfield Ct, Springville, TN 38256

3 beds • 2 baths • 1436 sqft

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This property might be a fair Mid-Term investment with a projected 5.93% first-year return on $76,716 initial cash invested.

5.93%

Cash On Cash

8.41%

Cap Rate

1.35

DSCR

$3,171

Rent

$379

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,171 income − $2,792 expenses = $379 cash flow

Income$3,171Mortgage P&I$1,45346%Property Taxes$762%Insurance$1846%Management$38112%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34911%Cash Flow$379

Investment Breakdown

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Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,716

Downpayment

20%

$55,920

Closing costs

1%

$2,796

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,171

Total Expenses

$2,792

Mortgage P&I

46%

$1,453

Property Taxes

2%

$76

Home Insurance

6%

$184

HOA

0%

$0

Property Management

12%

$381

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$349

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