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$2,979 (target)

8685 Chris Suzanne Cir, Cordova, TN 38018

3 beds • 3 baths • 2167 sqft

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This property might be a fair Mid-Term investment with a projected 3.14% first-year return on $79,887 initial cash invested.

3.14%

Cash On Cash

7.38%

Cap Rate

1.22

DSCR

$2,979

Rent

$209

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,979 income − $2,770 expenses = $209 cash flow

Income$2,979Mortgage P&I$1,48450%Property Taxes$1696%Insurance$1054%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%Cash Flow$209

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,887

Downpayment

20%

$58,940

Closing costs

1%

$2,947

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,979

Total Expenses

$2,770

Mortgage P&I

50%

$1,484

Property Taxes

6%

$169

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

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