Picture Perfect Cash-Cow in Nashville Metro [code: 3539]

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  • 3 bedroom 2 bath single family residence
  • Quiet neighborhood
  • No (low) crime area
  • Great for commuters with quick access to the I-24
  • Additional large bonus room
  • Highly rentable area
  • Cannot inspect until tenants are out, but we CAN tie up the property! 
  • Around $380/mo. cash flow 
  • 2 car attached garage
  • Perfect for families!
  • Been on the market almost 50 days.  Great additional negotiating opportunity.
  • 9,583 square foot lot

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

  • Built: 2013
  • Size: 1,608  sq ft
  • Quiet residential street, Desirable community, B 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: 3539

            Property Specifications1
             Square Feet1608
             Year Built2003
             Garage Size2
             Schools Rating (on scale of A-F)B

            Purchase AssumptionsMy Offer
            Offer used for analysis$252,500
            Suggested offer (low)$240,000
            Suggested offer (high)$252,500
            Market Value (after improvements)$260,000
            Improvements (lower)$5,995
            Improvements (upper)$9,585
            Closing Costs$2,525
            Mortgage Costs$2,525
            Other Fees At Closing$0
            Total Cost $265,340
            Financial AssumptionsMonthlyYearly
            Rent (upper)$1,900$1,950$23,400
            Rent (lower)$1,850$22,200
             Property Tax Rate (Approx.)0.6% 
             Property Taxes$123$1,476
            Variable-Cost PM8.0% 
            Property Management Fee$152$1,824
             Leasing Fee50%$39.6$475
             Vacancy Rate4.0% 
             Total Fixed Expenses$600$7,194
             Total Expenses (Fixed + Mortgage)$1,573$18,878
            Financial Analysis / Deal Attractiveness    
             Cap Rate6.0%7.1%8.3%9.6%
             Net Cash Flow$22,795$54,043$94,623$145,507
             Equity Increase$72,750$161,966$271,401$405,663
             Total Gain$95,545$216,009$366,024$551,171
             Average Cash Flow/Year$4,559$5,404$6,308$7,275
             Average Cash Flow/Month$380$450$526$606
             Average Gain/Year$19,109$21,601$24,402$27,559
             Average ROI125.8%284.4%481.8%725.6%
             Annual ROI25.2%28.4%32.1%36.3%
             Projected Property Value$316,330$384,864$468,245$569,692
            Property Ratings Suggestions
             Item   Suggested Criteria (Min.)This PropertyFAVORABLE /
             Schools  BBFAVORABLE
             Square Feet 10001,608FAVORABLE
             Bedrooms 33FAVORABLE
             Bathrooms 22FAVORABLE
             Year Built 19702003FAVORABLE
             Rent/Price (%) 0.75%0.77%FAVORABLE
             Average Cash Flow (at year 5)$125$380FAVORABLE
             Average ROI (at year 5)15%25.2%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.