2720 Penn Meade Dr

Nashville, TN 37214
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3 bd, 2 ba | 1,466 sqft | Built in 1986

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List Price
$299,900

Initial Investment

$81,723

Purchase Price

$299,900

Down Payment

25%

Rent

$2,090

Total Return

$202,431

Annualized Return

28.5%

Cap Rate

5.8%

Gross Yield

8.4%

Cash Flow

$115

Appreciation

11.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

1,742

HOA

$39/mo

Flood Risk

Not Required

Coveted Donelson location! This charming 3-bedroom, 2-bathroom home has been tastefully redecorated, offering a fresh and inviting atmosphere. Enjoy the updated interiors, including a modern kitchen, cozy living spaces, stylish bathrooms, and LED lighting throughout. With its convenient location and rejuvenated appeal, this home is sure to capture your heart. Don't miss out on this opportunity

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$23,826

Expenses

-$4,707

Property Taxes

-$2,700

Loan Payments

-$16,304

Net Cash Flow

$115

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Last Updated: 04/23/2024 18:04
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