111 Academy Dr
Springfield, TN 37172
List Price
$249,900
$20K
Initial Investment
$68,098Purchase Price
$249,900
Down Payment
25%
Rent
$1,520
Total Return
$160,496
Annualized Return
26.8%
Cap Rate
5.0%
Gross Yield
7.3%
Cash Flow
-$1,892
Appreciation
11.1%
Reset to DefaultEdit Assumptions
Features
Lot Size
16,550
HOA
None
Flood Risk
Not Required
Beautifully maintained & updated 3 bedroom 1 bath home ready for new owners. great floor plan with a large living room. Convenient location close to shopping. Walk in closet in primary bedroom. Large backyard has flower beds, apple trees, black raspberries, blueberries, and raspberries..
See more in Analysis
Mel Priess
Roofstock Realty LLC - TN
TN Agent License #330595
Annual Financial Highlights
Expected Rent
$17,328Expenses
-$3,084Property Taxes
-$2,550Loan Payments
-$13,586Net Cash Flow
-$1,892See 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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Roofstock Realty LLC - TN
TN Brokerage License 263679
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SourceRealTracs
MLS #2498069
Last Updated: 03/25/2023 22:03
MLS #2498069
Last Updated: 03/25/2023 22:03