2246 Maplecrest Dr

Nashville, TN 37214
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3 bd, 1 ba | 1,167 sqft | Built in 1951

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List Price
$304,000

Initial Investment

$82,840

Purchase Price

$304,000

Down Payment

25%

Rent

$1,960

Total Return

$194,165

Annualized Return

26.8%

Cap Rate

5.1%

Gross Yield

7.7%

Cash Flow

-$1,934

Appreciation

11.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,326

HOA

None

Flood Risk

Not Required

LOCATION, LOCATION! This home is conveniently located just minutes from Downtown Nashville with Pkwy access nearby. Close to Opryland, Oprymills Mall, in the heart of a long-time Donelson residential area. This home is being sold as-is; great for a fix and flip, renovation, and more. Some renovations have been started such as; an additional bedroom, kitchen/dining area layout, added laundry room, pantry, and closets. Original flooring remains in parts throughout the home and there is a full attic, and shed for additional storage space. The roof is 7 years old, HVAC was replaced in the last 3 years. The seller is accepting Cash or Conventional offers only. Buyer and Buyer Representative to verify all pertinent information.

See more in Analysis
Mel Priess
Roofstock Realty LLC - TN
TN Agent License #330595

Annual Financial Highlights

Expected Rent

$22,344

Expenses

-$5,001

Property Taxes

-$2,750

Loan Payments

-$16,527

Net Cash Flow

-$1,934

See 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:Jessica Presley
Agent License 345352
Purpose Realty & Auction
Certified Agent Brokerage:Mel Priess
Roofstock Realty LLC - TN
TN Brokerage License 263679
SourceRealTracs
MLS #2572248
Last Updated: 09/17/2023 00:09
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