8951 Owens Chapel Rd
Springfield, TN 37172
List Price
$289,500
Initial Investment
$78,889Purchase Price
$289,500
Down Payment
25%
Rent
$1,660
Total Return
$182,525
Annualized Return
26.2%
Cap Rate
4.7%
Gross Yield
6.9%
Cash Flow
-$2,833
Appreciation
11.1%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
30,492
HOA
None
Flood Risk
Not Required
Great floorplan for this 2 bed 2 bath home. Remodeled baths. Updated kitchen with butcher block countertops, tile backsplash & new stainless appliances. New flooring throughout. Fresh paint. Master suite has a walk in closet & a double vanity with marble top. Fireplace. Covered front & back porches. Carport. Large flat lot. Great for a starter home or someone looking to downsize. Convenient to Springfield & White House. Renovated houses in the price range are hard to find. Schedule your showing today!
See more in Analysis
Mel Priess
Roofstock Realty LLC - TN
TN Agent License #330595
Annual Financial Highlights
Expected Rent
$18,924Expenses
-$3,368Property Taxes
-$2,650Loan Payments
-$15,739Net Cash Flow
-$2,833See 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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Roofstock Realty LLC - TN
TN Brokerage License 263679
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SourceRealTracs
MLS #2572089
Last Updated: 09/22/2023 19:09
MLS #2572089
Last Updated: 09/22/2023 19:09