1110 Montrosa Ave

Jasper, TN 37347
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3 bd, 2 ba | 2,148 sqft | Built in 1979

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List Price
$315,000

Initial Investment

$85,838

Purchase Price

$315,000

Down Payment

25%

Rent

$2,440

Total Return

$215,957

Annualized Return

29.7%

Cap Rate

6.7%

Gross Yield

9.3%

Cash Flow

$2,808

Appreciation

10.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

20,038

HOA

None

Flood Risk

Not Required

This charming one-level brick house features three spacious bedrooms, a beautiful level yard in the front & the back & a new driveway with a sitting area under the carport for perfect for outdoor enjoyment. With stunning mountain views, the home has an OPEN floor plan and offers modern amenities while retaining its classic appeal. Ideal for families or individuals seeking a serene living environment with seamless new flooring. Don't miss out on this opportunity!

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NEIGHBORHOOD

SCHOOLS

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Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$27,816

Expenses

-$5,033

Property Taxes

-$2,850

Loan Payments

-$17,125

Net Cash Flow

$2,808

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:Gloria Page
Agent License 327542
Zach Taylor Real Estate
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceGreater Chattanooga Association of Realtors, Inc. CMLS (CIE)
MLS #1503185
Last Updated: 11/14/2024 16:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.