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$2,560 (target)

8925 E Ridge Trail Rd, Soddy Daisy, TN 37379

3 beds • 2 baths • 1092 sqft

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This property might be a fair Mid-Term investment with a projected 3.89% first-year return on $73,083 initial cash invested.

3.89%

Cash On Cash

7.44%

Cap Rate

1.26

DSCR

$2,560

Rent

$237

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,560 income − $2,323 expenses = $237 cash flow

Income$2,560Mortgage P&I$1,28850%Property Taxes$713%Insurance$944%Management$30712%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28211%Cash Flow$237

Investment Breakdown

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Purchase Price

$262k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,083

Downpayment

20%

$52,460

Closing costs

1%

$2,623

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,560

Total Expenses

$2,323

Mortgage P&I

50%

$1,288

Property Taxes

3%

$71

Home Insurance

4%

$94

HOA

0%

$0

Property Management

12%

$307

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$282

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