← All properties
Property details
Beds3
Baths1
Square feet900
Year built2000
Property typeSingle Family
CountyShelby County
Proforma Turnkey End Buyer
Cash on Cash10.39%
Cap Rate8.74%
IRR23.97%
DSCR1.46x
ARV$118,900
Purchase & Financing
| Purchase price | $118,900 |
| Closing costs | $2,378 |
| Down payment (25%) | $29,725 |
| Loan amount | $89,175 |
| Interest rate | 7.20% |
| Loan term | 30 years |
| Total out of pocket | $32,103 |
Income & Expenses
| Monthly | Annual | |
|---|---|---|
| Gross rent | $1,095 | $13,140 |
| Vacancy | ($55) | ($657) |
| Property taxes | ($99) | ($1,184) |
| Insurance | ($58) | ($700) |
| Net operating income | $883 | $10,599 |
| Mortgage (P&I) | ($605) | ($7,264) |
| Net cash flow | $278 | $3,335 |
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.