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$3,981 (target)

9945 Elkhorn Rd, Springville, TN 38256

3 beds • 3 baths • 2232 sqft

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This property might be a fair Mid-Term investment with a projected 6.22% first-year return on $96,015 initial cash invested.

6.22%

Cash On Cash

8.28%

Cap Rate

1.34

DSCR

$3,981

Rent

$498

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,981 income − $3,483 expenses = $498 cash flow

Income$3,981Mortgage P&I$1,90748%Property Taxes$832%Insurance$1404%Management$47812%CapEx$1594%Vacancy$1193%Maintenance$1594%Other$43811%Cash Flow$498

Investment Breakdown

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Purchase Price

$372k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,015

Downpayment

20%

$74,300

Closing costs

1%

$3,715

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,981

Total Expenses

$3,483

Mortgage P&I

48%

$1,907

Property Taxes

2%

$83

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$478

CapEx

4%

$159

Vacancy

3%

$119

Maintenance

4%

$159

Other

11%

$438

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