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$2,546 (target)

7306 Igou Gap Rd, Chattanooga, TN 37421

3 beds • 2 baths • 1500 sqft

$1,500,000

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This property looks like a bad Mid-Term investment with a projected -23.7% first-year return on $333k initial cash invested.

-23.7%

Cash On Cash

0.91%

Cap Rate

0.15

DSCR

$2,546

Rent

-$6,576

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,546 income − $9,122 expenses = $6,576 out of pocket

Income$2,546Out of Pocket$6,576Mortgage P&I$7,616299%Property Taxes$1155%Insurance$52521%Management$30612%CapEx$1024%Vacancy$763%Maintenance$1024%Other$28011%

Investment Breakdown

|

Purchase Price

$1500k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$333k

Downpayment

20%

$300k

Closing costs

1%

$15,000

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$2,546

Total Expenses

$9,122

Mortgage P&I

299%

$7,616

Property Taxes

5%

$115

Home Insurance

21%

$525

HOA

0%

$0

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$280

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