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7237 Mercedes Ln #1577, Ooltewah, TN 37363

3 beds • 3 baths • 2072 sqft

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This property looks like a bad Long-Term investment with a projected -6.95% first-year return on $90,468 initial cash invested.

-6.95%

Cash On Cash

4.66%

Cap Rate

0.81

DSCR

$2,502

Rent

-$524

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$431k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,468

Downpayment

20%

$86,160

Closing costs

1%

$4,308

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,502

Total Expenses

$3,026

Mortgage P&I

83%

$2,071

Property Taxes

6%

$153

Home Insurance

6%

$152

HOA

0%

$0

Property Management

10%

$250

CapEx

5%

$125

Vacancy

6%

$150

Maintenance

5%

$125

Other

0%

$0

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