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6933 Mercedes Ln, Chattanooga, TN 37421

4 beds • 3 baths • 2200 sqft

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This property looks like a bad Long-Term investment with a projected -10.24% first-year return on $99,750 initial cash invested.

-10.24%

Cash On Cash

3.96%

Cap Rate

0.68

DSCR

$2,470

Rent

-$851

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,750

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,470

Total Expenses

$3,321

Mortgage P&I

93%

$2,294

Property Taxes

9%

$218

Home Insurance

7%

$166

HOA

0%

$0

Property Management

10%

$247

CapEx

5%

$124

Vacancy

6%

$148

Maintenance

5%

$124

Other

0%

$0

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