4836 Concord Dr
Hermitage, TN 37076
List Price
$235,000
Initial Investment
$64,038Purchase Price
$235,000
Down Payment
25%
Rent
$2,240
Total Return
$163,841
Annualized Return
31.7%
Cap Rate
8.2%
Gross Yield
11.4%
Cash Flow
$5,492
Appreciation
9.6%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
0
HOA
None
Flood Risk
Not Required
"Investors" "Flippers" this is a total gut! Roof is shot and leaking (recently tarped) Central does not work - Zero maintenance has been done for the past 14 years - Could possibly be a tear down? Buyers have 15 days to view, inspect and present their best offer with zero contingencies ... Contracts will be viewed by seller at noon on April 24th and highest and best will be selected within 24 hours! Add'l back lot was added in 2010 for a total of 3/4 acre.
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$25,536Expenses
-$5,168Property Taxes
-$2,100Loan Payments
-$12,776Net Cash Flow
$5,492See 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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SourceRealTracs
MLS #2640725
Last Updated: 04/09/2024 18:04
MLS #2640725
Last Updated: 04/09/2024 18:04