205 Carpenter St

Mount Pleasant, TN 38474
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2 bd, 1 ba | 768 sqft | Built in 1982

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List Price
$199,000

Initial Investment

$54,228

Purchase Price

$199,000

Down Payment

25%

Rent

$900

Total Return

$93,058

Annualized Return

20.2%

Cap Rate

3.3%

Gross Yield

5.4%

Cash Flow

-$4,585

Appreciation

9.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

13,320

HOA

None

Flood Risk

High Risk - Zone AE

Come see this newly updated home! Cute and cozy and ready for a new owner! This home features new custom shutters, new laminate and tile flooring, new drywall, and new appliances with a counter depth refrigerator. The bathroom has a new bathtub with tile surround. The backyard has a rebuilt shed for all of your storage needs. Move in ready!! Ask your agent about our purchase incentives!!

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NEIGHBORHOOD

SCHOOLS

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Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$10,260

Expenses

-$2,226

Property Taxes

-$1,800

Loan Payments

-$10,819

Net Cash Flow

-$4,585

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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Similar Listings



Listing Courtesy of:Natisha Osborne
Agent License 365536
Benchmark Realty, LLC
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealTracs
MLS #2644605
Last Updated: 04/20/2024 19:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.