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$3,618 (target)

7702 Old Clinton Pike, Powell, TN 37849

3 beds • 2 baths • 1405 sqft

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This property might be a fair Mid-Term investment with a projected 4.57% first-year return on $94,881 initial cash invested.

4.57%

Cash On Cash

7.61%

Cap Rate

1.28

DSCR

$3,618

Rent

$361

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,618 income − $3,257 expenses = $361 cash flow

Income$3,618Mortgage P&I$1,81750%Property Taxes$782%Insurance$1314%Management$43412%CapEx$1454%Vacancy$1093%Maintenance$1454%Other$39811%Cash Flow$361

Investment Breakdown

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Purchase Price

$366k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,881

Downpayment

20%

$73,220

Closing costs

1%

$3,661

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,618

Total Expenses

$3,257

Mortgage P&I

50%

$1,817

Property Taxes

2%

$78

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$434

CapEx

4%

$145

Vacancy

3%

$109

Maintenance

4%

$145

Other

11%

$398

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