New to the market with great ROI [code:6449]

  • Grade A local school district
  • $680 cash flow per month!
  • Fresh on the market
  • Split level home with large lot
  • No (low) crime area
  • Move-in ready
  • Laminate flooring, wide deck, vaulted ceilings and fresh paint

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

  • Built: 2003
  • Size: 1,704+ sq ft
  • Quiet residential street, Desirable community, great schools



Property Specifications1
 Square Feet1704
 Year Built2003
 Garage Size2
 Schools Rating (on scale of 0-10)A
Replacement Cost ($/SqFt)$100

Purchase AssumptionsMy Offer
Suggested offer (low)$299,900
Suggested offer (high)$304,900
Suggested offer (options)$304,900
Land Value (%)15%
Building Value (%)85%
 Market Value (after improvements)$305,000
 Improvements (lower)$1,800
 Improvements (upper)$2,300
 Closing Costs$3,100
 Mortgage Costs$3,100
 Other Fees At Closing$0
 Total Cost $313,150

Financial AssumptionsMonthlyYearly
Rent (upper)$2,295$2,345$28,140
Rent (lower)$2,245$26,940
 Property Tax Rate (Approx.)0.60% 
 Property Taxes$105$1,260
Variable-Cost PM8.0% 
Property Management Fee$184$2,203
 Leasing Fee50%$47.8$574
 Vacancy Rate4.0% 
 Total Fixed Expenses$656$7,870
 Total Expenses (Fixed + Mortgage)$1,699$20,385

Financial Analysis / Deal Attractiveness    
 Cap Rate9.4%10.7%12.0%13.5%
 Net Cash Flow$39,789$90,231$152,437$227,629
 Equity Increase$89,202$197,307$328,328$487,128
 Total Gain$128,991$287,539$480,765$714,757
 Average Cash Flow/Year$7,958$9,023$10,162$11,381
 Average Cash Flow/Month$663$752$847$948
 Average Gain/Year$25,798$28,754$32,051$35,738
 Average ROI152.7%340.4%569.1%846.1%
 Annual ROI30.5%34.0%37.9%42.3%
 Projected Property Value$371,079$451,475$549,288$668,293

Property Ratings Suggestions
 Item   My Criteria (Min.)This PropertyFAVORABLE/INSUFFICIENT
 Square Feet 10001,704FAVORABLE
 Bedrooms 33FAVORABLE
 Bathrooms 22FAVORABLE
 Year Built  19702003FAVORABLE
 Rent/Price (%) 0.75%0.77%FAVORABLE
 Average Cash Flow (at year 5)$125$663FAVORABLE
 Average ROI (at year 5) 15%30.5%FAVORABLE
Cash Flow vs Out-of -Pocket 0.2%0.8%FAVORABLE


Metro: Nashville

Team: Fred

Code: 6449


What's next?

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



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.