7221 Hydrus Dr
Harrison, TN 37341
List Price
$210,000
Initial Investment
$57,225Purchase Price
$210,000
Down Payment
25%
Rent
$2,080
Total Return
$143,556
Annualized Return
31.7%
Cap Rate
8.5%
Gross Yield
11.9%
Cash Flow
$5,490
Appreciation
9.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
13,068
HOA
None
Flood Risk
Not Required
Large brick home on nice lot on quiet street in Harrison. This three bedroom two bath home is a split foyer plan with 3 bedrooms and two full baths on the main level along with living room, dining area, kitchen and sunroom. There is a den with fireplace and laundry room in basement along with large two car garage. The home had been remodeled and has had a leak from the refrigerator water line - which has caused sheet rock and floor covering to be removed in upstairs living room, dining room, kitchen, hall bath and part of hallway - along with basement den and laundry. This home is being sold ''AS IS'' with no warranty except for title. Good opportunity to restore this home and have still have equity.
See more in Analysis
Tracy Denton
eXp Realty LLC (Tracy Denton)
TN Agent License #337885
Annual Financial Highlights
Expected Rent
$23,712Expenses
-$4,905Property Taxes
-$1,900Loan Payments
-$11,417Net Cash Flow
$5,490See 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.
Similar Listings
Listing Courtesy of:Kim Bass
Agent License 301045
The Group Real Estate Brokerage
Agent License 301045
The Group Real Estate Brokerage
Certified Agent Brokerage:Tracy Denton
eXp Realty LLC (Tracy Denton)
TN Brokerage License 262943
eXp Realty LLC (Tracy Denton)
TN Brokerage License 262943
SourceGreater Chattanooga Association of Realtors, Inc. CMLS (CIE)
MLS #1504056
Last Updated: 12/04/2024 19:12
MLS #1504056
Last Updated: 12/04/2024 19:12