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8699 Cherry Spring Dr, Cordova, TN 38016

4 beds • 3 baths • 3199 sqft

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This property could be a profitable Long-Term investment with a projected 16.39% first-year return on $72,135 initial cash invested.

16.39%

Cash On Cash

10.13%

Cap Rate

1.71

DSCR

$4,333

Rent

$985

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$344k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,135

Downpayment

20%

$68,700

Closing costs

1%

$3,435

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,333

Total Expenses

$3,348

Mortgage P&I

39%

$1,698

Property Taxes

9%

$372

Home Insurance

3%

$122

HOA

1%

$29

Property Management

10%

$433

CapEx

5%

$217

Vacancy

6%

$260

Maintenance

5%

$217

Other

0%

$0

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