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7237 Mercedes Ln #1577, Ooltewah, TN 37363

3 beds • 3 baths • 2072 sqft

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This property might be a fair Mid-Term investment with a projected 1.12% first-year return on $108k initial cash invested.

1.12%

Cash On Cash

6.47%

Cap Rate

1.12

DSCR

$3,753

Rent

$101

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

$108k

Downpayment

20%

$86,160

Closing costs

1%

$4,308

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,753

Total Expenses

$3,652

Mortgage P&I

55%

$2,071

Property Taxes

4%

$153

Home Insurance

4%

$152

HOA

0%

$0

Property Management

12%

$450

CapEx

4%

$150

Vacancy

3%

$113

Maintenance

4%

$150

Other

11%

$413

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