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$2,499 (target)

9450 Holly Grove Rd, Brighton, TN 38011

3 beds • 2 baths • 1229 sqft

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This property might be a fair Mid-Term investment with a projected 4.62% first-year return on $67,497 initial cash invested.

4.62%

Cash On Cash

8.21%

Cap Rate

1.29

DSCR

$2,499

Rent

$260

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,499 income − $2,239 expenses = $260 cash flow

Income$2,499Mortgage P&I$1,25250%Property Taxes$542%Insurance$833%Management$30012%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27511%Cash Flow$260

Investment Breakdown

|

Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,497

Downpayment

20%

$47,140

Closing costs

1%

$2,357

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,499

Total Expenses

$2,239

Mortgage P&I

50%

$1,252

Property Taxes

2%

$54

Home Insurance

3%

$83

HOA

0%

$0

Property Management

12%

$300

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$275

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