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705 Drummond Dr, Nashville, TN 37211

3 beds • 2 baths • 1250 sqft

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This property looks like a bad Long-Term investment with a projected -11.96% first-year return on $105k initial cash invested.

-11.96%

Cash On Cash

3.63%

Cap Rate

0.62

DSCR

$2,330

Rent

-$1,044

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$499k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$99,800

Closing costs

1%

$4,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,330

Total Expenses

$3,374

Mortgage P&I

105%

$2,439

Property Taxes

7%

$155

Home Insurance

8%

$175

HOA

0%

$0

Property Management

10%

$233

CapEx

5%

$116

Vacancy

6%

$140

Maintenance

5%

$116

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

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2

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5

4

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2

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4

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$1,100

2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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