7121 Wheat Rd
Fairview, TN 37062
List Price
$325,000
Initial Investment
$88,563Purchase Price
$325,000
Down Payment
25%
Rent
$2,210
Total Return
$213,841
Annualized Return
27.3%
Cap Rate
5.1%
Gross Yield
8.2%
Cash Flow
-$2,189
Appreciation
11.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Property Type
Townhouse
Lot Size
1,600
HOA
$190/mo
Flood Risk
Not Required
Fabulous and affordable 3-story townhouse w/ garage and lots of upgrades. 2-Tier deck/ patio. Copper Hood over stove, Large center kitchen island, Large Sunroom off kitchen leading to the deck. Large primary bedroom suite with sitting area, large tub and separate shower, double vanities.
See more in Analysis
Mel Priess
Roofstock Realty LLC - TN
TN Agent License #330595
Annual Financial Highlights
Expected Rent
$25,194Expenses
-$6,765Property Taxes
-$2,950Loan Payments
-$17,669Net Cash Flow
-$2,189See 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 #2572104
Last Updated: 09/17/2023 05:09
MLS #2572104
Last Updated: 09/17/2023 05:09