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$3,534 (target)

934 Spurling Dr, Hixson, TN 37343

3 beds • 3 baths • 2229 sqft

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This property might be a fair Mid-Term investment with a projected 6.72% first-year return on $86,271 initial cash invested.

6.72%

Cash On Cash

8.38%

Cap Rate

1.38

DSCR

$3,534

Rent

$483

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,534 income − $3,051 expenses = $483 cash flow

Income$3,534Mortgage P&I$1,64547%Property Taxes$882%Insurance$1173%Management$42412%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38911%Cash Flow$483

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,271

Downpayment

20%

$65,020

Closing costs

1%

$3,251

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,534

Total Expenses

$3,051

Mortgage P&I

47%

$1,645

Property Taxes

2%

$88

Home Insurance

3%

$117

HOA

0%

$0

Property Management

12%

$424

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$389

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