402 Wichita Dr

Smyrna, TN 37167
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2 bd, 3 ba | 1,744 sqft | Built in 2008

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List Price
$299,900

Initial Investment

$81,723

Purchase Price

$299,900

Down Payment

25%

Rent

$2,510

Total Return

$196,425

Annualized Return

28.8%

Cap Rate

6.6%

Gross Yield

10.0%

Cash Flow

$2,394

Appreciation

10.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

0

HOA

$152/mo

Flood Risk

Not Required

Spend the holidays in your new townhome priced well below comps! Move-in ready featuring NEW energy-efficient windows, NEW hot water heater, and NEW HVAC!!! Washer/dryer and fridge included! Spacious open concept with bright expansive living room overlooking back patio! Generously sized kitchen, complete with island providing extra countertop space for all those holiday guests! Designated dining area extends the gathering space or sit at the bar seating for a more casual vibe. Extra-large bedrooms, each with their own private bathroom & double vanities- perfect for families, roommates, and guests! Oversized upstairs landing for office, fitness area, or play space. One-car garage and fenced back patio offer you privacy, extra storage, and perfect spots for hobbies! ASK ABOUT 1% OFF YOUR RATE w/preferred lender! You won't find more for your money in all of Rutherford Co! Do not miss this one!

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$28,614

Expenses

-$7,216

Property Taxes

-$2,700

Loan Payments

-$16,304

Net Cash Flow

$2,394

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:David Huffaker
Agent License 293136
The Huffaker Group, LLC
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealTracs
MLS #2760508
Last Updated: 11/16/2024 16:11
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