Did you miss out on our last builder leaseback? Don’t let it happen again! [Code: 309]
- ~$450/mo. cash flow once you can refi to 6.0% (1st year)
- Cash flows at ~$546/mo. at today's rates of 7.0% for the 1st 12-months guaranteed!
- Single Family Home with 3 bedrooms and 2 full bathrooms
- BUILDER LEASEBACK FOR 12-MONTHS AT $2640.00/mo.
- Builder is responsible for all property management and maintenance for the lease term, temporarily adding $261 to the existing cash flow.
- Great location with quick access to major commuting routes, shopping and schools
- Highly appreciating area with strong rental market
- Property has been on the market for 16 days so there could be room for negotiations
- Great schools
- Many times the builder leaseback is extended past the initial 12 month lease. If not, area rents are around $2240. Speak with the agent or Dani for clarification.
- No HOA charges
- #cashflow #appreciation
Why should you consider this house / what makes it a good investment?
- Built: 2024
- Size:1,296 square foot home
- Low Crime, Desirable Community, A Rated 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 nash1@simplydoit.net
Code: 309
| Property Specifications | 1 |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Square Feet | 1296 |
| Year Built | 2024 |
| Garage Size | 2 |
| Schools Rating (on scale of A-C) | A |
| Purchase Assumptions | My Offer |
| Offer used for analysis | $357,000 |
| Suggested offer (low) | $357,000 |
| Suggested offer (high) | $357,000 |
| Asking | $357,000 |
| Market Value (after improvements) | $359,000 |
| Improvements (lower) | $1,000 |
| Improvements (upper) | $2,500 |
| Closing Costs | $3,570 |
| Mortgage Costs | $3,570 |
| Other Fees At Closing | $0 |
| Total Cost | $365,890 |
| Financing Assumptions | |||
| Down Payment (%) | 30% | ||
| Down Payment Amount | $107,100 | ||
| Financed Amount | $249,900 | ||
| Interest Rate | 7.000% | ||
| Mortgage Term (Years) | 30 | ||
| Monthly Mortgage Payment | $1,663 | ||
| Cash Outlay (Total Out of Pocket) | $115,990 | ||
| Financial Assumptions | Monthly | Yearly | |
| Rent (upper) | $2,640 | $2,640 | $31,680 |
| Rent (lower) | $2,640 | $31,680 | |
| Property Tax Rate (Approx.) | 0.6% | ||
| Property Taxes | $260 | $3,120 | |
| Insurance | $95 | $1,140 | |
| Repairs | $50 | $600 | |
| Variable-Cost PM | 8.0% | ||
| Property Management Fee | $211 | $2,534 | |
| Leasing Fee | 50% | $55.0 | $660 |
| HOA | $0 | ||
| Vacancy Rate | 4.0% | ||
| Total Fixed Expenses | $768 | $9,220 | |
| Total Expenses (Fixed + Mortgage) | $2,267 | $27,200 | |
| Financial Analysis / Deal Attractiveness | |||||
| Years: | 5 | 10 | 15 | 20 | |
| Cap Rate | 4.7% | 5.7% | 6.8% | 8.0% | |
| Net Cash Flow | $26,985 | $66,135 | $118,716 | $186,127 | |
| Equity Increase | $95,136 | $213,178 | $359,889 | $542,560 | |
| Total Gain | $122,121 | $279,313 | $478,605 | $728,687 | |
| Average Cash Flow/Year | $5,397 | $6,614 | $7,914 | $9,306 | |
| Average Cash Flow/Month | $450 | $551 | $660 | $776 | |
| Average Gain/Year | $24,424 | $27,931 | $31,907 | $36,434 | |
| Average ROI | 105.3% | 240.8% | 412.6% | 628.2% | |
| Annual ROI | 21.1% | 24.1% | 27.5% | 31.4% | |
| Projected Property Value | $436,778 | $531,408 | $646,539 | $786,613 | |
| Property Ratings Suggestions | |||||
| Item | Suggested Criteria (Min.) | This Property | FAVORABLE / INSUFFICIENT | ||
| Schools | B | A | FAVORABLE | ||
| Square Feet | 1000 | 1,296 | FAVORABLE | ||
| Bedrooms | 3 | 3 | FAVORABLE | ||
| Bathrooms | 2 | 2 | FAVORABLE | ||
| Year Built | 1970 | 2024 | FAVORABLE | ||
| Rent/Price (%) | 0.75% | 0.74% | INSUFFICIENT | ||
| Average Cash Flow (at year 5) | $125 | $450 | FAVORABLE | ||
| Average ROI (at year 5) | 15% | 21.1% | FAVORABLE | ||
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.