3819 Ashland City Hwy

Nashville, TN 37218
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2 bd, 1 ba | 924 sqft | Built in 1954

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List Price
$225,900

$19K

Initial Investment

$61,558

Purchase Price

$225,900

Down Payment

25%

Rent

$1,700

Total Return

$130,130

Annualized Return

26.3%

Cap Rate

6.4%

Gross Yield

9.0%

Cash Flow

$1,393

Appreciation

9.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,890

HOA

None

Flood Risk

Not Required

Beautiful 2 bed 1 bath home surrounded by new builds and remodels. This property is located 8 minutes from downtown. Nice livable home being sold as-is. Has another room serving as bedroom #3. Home has been a solid rental property the past 20+ years, last rented for $1,600 per month. Will not go FHA or VA will need to go cash or conventional

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

Annual Financial Highlights

Expected Rent

$19,380

Expenses

-$3,456

Property Taxes

-$2,250

Loan Payments

-$12,281

Net Cash Flow

$1,393

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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Listing Courtesy of:Mario Pennington
Agent License 340871
The Realty Association
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealTracs
MLS #2640207
Last Updated: 04/27/2024 11:04
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