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$3,146 (target)

8307 Friendly Ct, Ooltewah, TN 37363

3 beds • 2 baths • 1546 sqft

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This property might be a fair Mid-Term investment with a projected 4.93% first-year return on $82,050 initial cash invested.

4.93%

Cash On Cash

7.88%

Cap Rate

1.3

DSCR

$3,146

Rent

$337

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,146 income − $2,809 expenses = $337 cash flow

Income$3,146Mortgage P&I$1,54049%Property Taxes$923%Insurance$1073%Management$37812%CapEx$1264%Vacancy$943%Maintenance$1264%Other$34611%Cash Flow$337

Investment Breakdown

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Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,050

Downpayment

20%

$61,000

Closing costs

1%

$3,050

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,146

Total Expenses

$2,809

Mortgage P&I

49%

$1,540

Property Taxes

3%

$92

Home Insurance

3%

$107

HOA

0%

$0

Property Management

12%

$378

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

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