2018 Scottsville Rd
Lafayette, TN 37083
List Price
$294,900
Initial Investment
$80,360Purchase Price
$294,900
Down Payment
25%
Rent
$1,200
Total Return
$279,610
Annualized Return
32.8%
Cap Rate
3.4%
Gross Yield
4.9%
Cash Flow
-$6,437
Appreciation
15.9%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
36,590
HOA
None
Flood Risk
Not Required
Check out this one-of-a-kind remodeled home on a nice corner lot!! This home has many upgrades including all new stainless appliances, granite countertops, a kitchen farmhouse sink, all new vinyl flooring, AND a finished basement!! Huge detached 40 x 30 shop with concrete floors, electricity, and 20 x 40 lean to. Home also has 2 covered porches and back deck as well. Hurry this gem won't last long!!
See more in Analysis
Mel Priess
Roofstock Realty LLC - TN
TN Agent License #330595
Annual Financial Highlights
Expected Rent
$13,680Expenses
-$2,435Property Taxes
-$1,650Loan Payments
-$16,032Net Cash Flow
-$6,437See 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:Jacob Adcock
Agent License 325753
The Adcock Group
Agent License 325753
The Adcock Group
Certified Agent Brokerage:Mel Priess
Roofstock Realty LLC - TN
TN Brokerage License 263679
Roofstock Realty LLC - TN
TN Brokerage License 263679
SourceRealTracs
MLS #2571489
Last Updated: 09/15/2023 12:09
MLS #2571489
Last Updated: 09/15/2023 12:09