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$3,082 (target)

8656 Wood Mills Dr W, Cordova, TN 38016

3 beds • 2 baths • 2272 sqft

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This property might be a fair Mid-Term investment with a projected 0.23% first-year return on $82,911 initial cash invested.

0.23%

Cash On Cash

6.51%

Cap Rate

1.09

DSCR

$3,082

Rent

$16

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,082 income − $3,066 expenses = $16 cash flow

Income$3,082Mortgage P&I$1,53750%Property Taxes$33211%Insurance$1084%HOA$421%Management$37012%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33911%Cash Flow$16

Investment Breakdown

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Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,911

Downpayment

20%

$61,820

Closing costs

1%

$3,091

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,082

Total Expenses

$3,066

Mortgage P&I

50%

$1,537

Property Taxes

11%

$332

Home Insurance

4%

$108

HOA

1%

$42

Property Management

12%

$370

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$339

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