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LOT 98 Falcon Crest Subdivision Way NW, Cleveland, TN 37312
3 beds • 3 baths • 2647 sqft
$600,000
View on ZillowThis property looks like a bad Mid-Term investment with a projected -11.48% first-year return on $144k initial cash invested.
-11.48%
Cash On Cash
4.07%
Cap Rate
0.62
DSCR
$3,429
Rent
-$1,378
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,429 income − $4,807 expenses = $1,378 out of pocket
Investment Breakdown
|
Purchase Price
$600k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$144k
Downpayment
20%
$120k
Closing costs
1%
$6,000
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,429
Total Expenses
$4,807
Mortgage P&I
96%
$3,278
Property Taxes
4%
$154
Home Insurance
6%
$210
HOA
0%
$0
Property Management
12%
$411
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$377