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Property details
Beds5
Baths2
Square feet1,701
Year built1959
Property typeSingle Family
CountyShelby County
Proforma Turnkey End Buyer
Cash on Cash8.52%
Cap Rate7.68%
IRR22.74%
DSCR1.40x
ARV$209,900
Purchase & Financing
| Purchase price | $209,900 |
| Closing costs | $2,099 |
| Down payment (25%) | $52,475 |
| Loan amount | $157,425 |
| Interest rate | 6.25% |
| Loan term | 30 years |
| Total out of pocket | $54,574 |
Income & Expenses
| Monthly | Annual | |
|---|---|---|
| Gross rent | $1,595 | $19,140 |
| Vacancy | ($32) | ($383) |
| Property taxes | ($123) | ($1,476) |
| Insurance | ($83) | ($1,000) |
| Net operating income | $1,357 | $16,281 |
| Mortgage (P&I) | ($969) | ($11,632) |
| Net cash flow | $387 | $4,650 |
View full proforma & projections
Projections are based on current rent, taxes, insurance and financing assumptions and are estimates only. Verify all figures independently before investing.