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$4,810 (target)

8307 Merry Weather Dr, Chattanooga, TN 37421

3 beds • 3 baths • 2277 sqft

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This property might be a fair Mid-Term investment with a projected 8.32% first-year return on $105k initial cash invested.

8.32%

Cash On Cash

9.03%

Cap Rate

1.42

DSCR

$4,810

Rent

$726

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,810 income − $4,084 expenses = $726 cash flow

Income$4,810Mortgage P&I$2,19046%Property Taxes$1112%Insurance$1493%Management$57712%CapEx$1924%Vacancy$1443%Maintenance$1924%Other$52911%Cash Flow$726

Investment Breakdown

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Purchase Price

$413k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,580

Closing costs

1%

$4,129

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,810

Total Expenses

$4,084

Mortgage P&I

46%

$2,190

Property Taxes

2%

$111

Home Insurance

3%

$149

HOA

0%

$0

Property Management

12%

$577

CapEx

4%

$192

Vacancy

3%

$144

Maintenance

4%

$192

Other

11%

$529

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