420 Jack Porter Rd
Lafayette, TN 37083
List Price
$299,900
Initial Investment
$81,723Purchase Price
$299,900
Down Payment
25%
Rent
$1,380
Total Return
$289,373
Annualized Return
33.5%
Cap Rate
3.6%
Gross Yield
5.5%
Cash Flow
-$5,600
Appreciation
15.9%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
0
HOA
None
Flood Risk
Not Required
DRASTIC REDUCTION!!! BRAND NEW 1 CAR DETACHED GARAGE JUST ADDED! 2020 built home with 3 bed/ 2 baths in a lovely country setting. Only minutes from town! Stainless steel appliances and granite countertops make the kitchen a space that lends style to your cooking or to your entertaining! Split floorplan allows for privacy. Enjoy your living indoors and out! This home has a new above ground pool and a lovely concreted area for additional patio space or a ready made floor for an outdoor storage building or pavillion. The yard measures 0.79 acre. This is a perfect size for enjoying the great outdoors with not a tremendous amount of work required. Enjoy home ownership with no HOA!
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$15,732Expenses
-$2,328Property Taxes
-$2,700Loan Payments
-$16,304Net Cash Flow
-$5,600See 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:MaryGail Anderson
Agent License 340635
Whitetail Properties Real Estate, LLC
Agent License 340635
Whitetail Properties Real Estate, LLC
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealTracs
MLS #2642331
Last Updated: 04/14/2024 18:04
MLS #2642331
Last Updated: 04/14/2024 18:04