HOT rental in Nashville [code 2256]

*pictures are from a previous build
**Mortgage payments on new builds do not typically start until the home is fully completed
  • Brand new build in Nashville
  • Estimated completion date is March 2022
  • Open concept living area
  • Vaulted ceilings
  • HOT rental and appreciation area of Nashville
  • Quick access to I-24.  Great for commuters
  • Will need refrigerator and window coverings
  • No (low) crime area
  • Good local school district
  • Attached 2-car garage
  • 8,712+ sq. foot lot 

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

  • Built: 2022
  • Size: 1,540 sq ft sitting on a 8,712 square foot lot
  • Quiet residential street, 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

Code: 2256

Original purchase price$337,900
Total investment (out of pocket)$94,783
15 yrs Project house value$608,539
Value (appreciation) Gain$270,639
15 yrs cash-flow generated$63,901
Total Gain$334,540
ROI (15 yrs)353%
ROI (annually)24%
Free & Clear cash flow (yr.)$20,798
Free & Clear cash flow (m)$1,733

*Free & Clear cash flow is after the mortgage is paid in full

Property Specifications1
 Square Feet1540
 Year Built2022
 Garage Size2
 Schools Rating (on scale of A-F)B

Purchase AssumptionsMy Offer
Offer used for analysis$337,900
Suggested offer (low)$335,900
Suggested offer (high)$337,900
Market Value (after improvements)$337,900
Improvements (lower)$2,150
Improvements (upper)$2,465
Closing Costs$4,000
Mortgage Costs$4,000
Other Fees At Closing$0
Total Cost $348,208

Financial AssumptionsMonthlyYearly
Rent (upper)$1,900$1,950$23,400
Rent (lower)$1,850$22,200
 Property Tax Rate (Approx.)0.5% 
 Property Taxes$135$1,620
Variable-Cost PM8.0% 
Property Management Fee$152$1,824
 Leasing Fee50%$39.6$475
 Vacancy Rate4.0% 
 Total Fixed Expenses$587$7,038
 Total Expenses (Fixed + Mortgage)$1,746$20,950

Financial Analysis / Deal Attractiveness    
 Cap Rate2.6%3.5%4.5%5.5%
 Net Cash Flow$12,467$33,471$63,901$104,738
 Equity Increase$98,736$218,436$363,555$539,498
 Total Gain$111,203$251,907$427,456$644,236
 Average Cash Flow/Year$2,493$3,347$4,260$5,237
 Average Cash Flow/Month$208$279$355$436
 Average Gain/Year$22,241$25,191$28,497$32,212
 Average ROI117.3%265.8%451.0%679.7%
 Annual ROI23.5%26.6%30.1%34.0%
 Projected Property Value$411,107$500,175$608,539$740,381

Property Ratings Suggestions
 Item   Suggested Criteria (Min.)This PropertyFAVORABLE /
 Square Feet 10001,540FAVORABLE
 Bedrooms 34FAVORABLE
 Bathrooms 22.5FAVORABLE
 Year Built 19702022FAVORABLE
 Rent/Price (%) 0.75%0.58%INSUFFICIENT
 Average Cash Flow (at year 5)$125$208FAVORABLE
 Average ROI (at year 5)15%23.5%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.