201 16th Ave E
Springfield, TN 37172
List Price
$304,900
Initial Investment
$83,085Purchase Price
$304,900
Down Payment
25%
Rent
$1,730
Total Return
$187,792
Annualized Return
25.6%
Cap Rate
4.2%
Gross Yield
6.8%
Cash Flow
-$3,821
Appreciation
11.1%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
6,552
HOA
None
Being recently built with a stunning layout, cute yard, within 30 minutes to downtown Nashville, walking distance to markets, restaurants, and all of the Springfield action makes it hard for the owners to say goodbye! Schedule your visit today!
See more in Analysis
Mel Priess
Roofstock Realty LLC - TN
TN Agent License #330595
Annual Financial Highlights
Expected Rent
$19,722Expenses
-$4,167Property Taxes
-$2,800Loan Payments
-$16,576Net Cash Flow
-$3,821See 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 #2571803
Last Updated: 09/25/2023 20:09
MLS #2571803
Last Updated: 09/25/2023 20:09