Beautiful 4-Plex in Nashville Metro [Code: 306]

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Why THIS deal??
  • ~$714/mo. cash flow once you can refi to 5.0% 
  • Cash flows at ~$364 at today's rates of 6.5%
  • 100% occupied
After 15 Years (no mortgage)
Original purchase price$489,900
Total investment (out of pocket)$147,273
15 yrs Project house value$920,282
Value (appreciation) Gain$430,382
15 yrs cash-flow generated$117,583
Total Gain$547,965
ROI (15 yrs)372%
ROI (annually)25%
Free & Clear cash flow (yr.)$40,867
Free & Clear cash flow (m)$3,406
  • 4-Plex with each unit having 2 bedrooms and 1 bathroom
  • 900 square foot units
  • 100% occupancy
  • We have requested more information and pending response with details
  • Tenants pay all utilities
  • No HOA charges
  • All HVAC systems serviced in Jan 2023
  • This is in a great location and always in demand
  • Tullahoma is center for Nissan employees, Arnold Air Base and Research Facility, Jack Daniels & George Dickel Facilities and distilleries, as well as to a growing community of commuters
  • 0.44 acre lot

Why should you consider this house / what makes it a good investment?

  • Built: 2010
  • Size: 3600 square foot
  • Low Crime, Desirable Community, Good Schools

What's next?

Email/text for address, analysis and to get connected to Simply Do It's local team that handles this transaction.

Metro: Nashville

Team: Fred  – email directly at

Code: 309

Property Specifications4Per Door
 Square Feet3600900
 Year Built2010 
 Garage Size0 
 Schools Rating (on scale of A-C)B/C 

Financing Assumptions 
 Down Payment (%)25%
 Down Payment Amount$122,475
 Financed Amount$367,425
 Interest Rate6.500%
 Mortgage Term (Years)30
 Monthly Mortgage Payment$2,322
 Cash Outlay (Total Out of Pocket)$147,273

Purchase AssumptionsMy OfferPer Door
Offer used for analysis$489,900$122,475
Suggested offer (low)$448,900$112,225
Suggested offer (high)$489,900$122,475
Market Value (after improvements)$511,000 
Improvements (lower)$10,000$2,500
Improvements (upper)$20,000$5,000
Closing Costs$4,899$1,225 
Mortgage Costs$4,899$1,225
Other Fees At Closing$0$0
Total Cost $514,698$1,225

Financial AssumptionsMonthlyYearly
Rent (upper)$3,800$4,000$48,000
Rent (lower)$3,600$43,200
Property Tax Rate (Approx.)0.9% 
Property Taxes $361$4,332
Insurance $265$3,180
Repairs $70$840
Variable-Cost PM 8.0% 
Property Management Fee$304$3,648
Leasing Fee50%$79.2$950
HOA $0$0
Vacancy Rate 4.0% 
Total Fixed Expenses$1,219$14,628
 Total Expenses (Fixed + Mortgage)$3,541$42,497

Financial Analysis / Deal Attractiveness   
 Cap Rate3.0%4.1%5.3%6.6%
 Net Cash Flow$21,837$60,449$117,583$195,166
 Equity Increase$134,185$301,342$510,108$771,563
 Total Gain$156,021$361,791$627,691$966,729
 Average Cash Flow/Year$4,367$6,045$7,839$9,758
 Average Cash Flow/Month$364$504$653$813
 Average Gain/Year$31,204$36,179$41,846$48,336
 Average ROI105.9%245.7%426.2%656.4%
 Annual ROI21.2%24.6%28.4%32.8%
 Projected Property Value$621,710$756,405$920,282$1,119,664

Property Ratings Suggestions
 Item   Suggested Criteria (Min.)This PropertyFAVORABLE /
 Square Feet  10003,600FAVORABLE
 Bedrooms  38FAVORABLE
 Bathrooms  24FAVORABLE
 Year Built  19702010FAVORABLE
 Rent/Price (%)  0.75%0.82%FAVORABLE
 Average Cash Flow (at year 5)  $125$364FAVORABLE
 Average ROI (at year 5)  15%21.2%FAVORABLE


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Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice.

The analysis is provided “As Is”. All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.