1035 Garton Rd
Burns, TN 37029
List Price
$294,000
Initial Investment
$80,115Purchase Price
$294,000
Down Payment
25%
Rent
$1,580
Total Return
$172,114
Annualized Return
24.7%
Cap Rate
4.4%
Gross Yield
6.4%
Cash Flow
-$3,828
Appreciation
10.8%
Reset to DefaultEdit Assumptions
Features
Lot Size
30,492
HOA
None
Flood Risk
Not Required
Delightfully quaint home located on a flat lot in the Burns area. Home is near schools and close to the interstate, has everything you would want for yourself or your family including fresh paint in living areas, new carpet as well as larger closets in the second and third bedroom! This home has been well maintained. New oven in the kitchen as well as freshly encapsulated crawlspace with humidifier. Recently pumped . PRICED BELOW recent appraisal. Bath fitter installed walk-in shower in primary bath July 2022. Come check it out!
See more in Analysis
Mel Priess
Roofstock Realty LLC - TN
TN Agent License #330595
Annual Financial Highlights
Expected Rent
$18,012Expenses
-$3,206Property Taxes
-$2,650Loan Payments
-$15,983Net Cash Flow
-$3,828See more in Financials
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.
- Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
- You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
- Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
- Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.
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: 05/26/2023 18:05
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Last Updated: 05/26/2023 18:05