4 Beds 3 Baths in Nashville, TN

  • $36,500
  • $2,264$369,999
8300 Sawyer Brown Rd apt s306, Nashville, TN 37221, USA
4 Beds 3 Baths in Nashville, TN
8300 Sawyer Brown Rd apt s306, Nashville, TN 37221, USA
  • $36,500
  • $2,264$369,999

Description

🔥 Subto Deal in Nashville, TN 🔥

Seize this fantastic Subto investment opportunity in Nashville, TN, featuring a spacious and well-maintained 4-bedroom, 3-bathroom home. With no balloon payment and strong long-term rental cash flow potential, this property offers an excellent return on investment.

Terms:

  • Purchase Price: $369,500
  • Entry Fee: $36,500
  • Approximate Existing Mortgage: $333,000
  • Interest Rate: 5.375%
  • PITI: $2,263/month
  • HOA: $320/month
  • Long-Term Rent: $2,980/month (RentCast)
  • Propstream Estimated Value: $392,000
  • Earnest Money Deposit (EMD): $5,000
  • Closing Date: Before August 2nd

Property Details:

  • Location: Nashville, TN
  • Bedrooms: 4
  • Bathrooms: 3
  • Recent Updates:
    • Whole house repainted within the last 2 years
    • Carport repainted
    • Shed siding replaced and repainted
    • New insulation blown into attic
    • New attic vents added
    • Gas line ran to the kitchen
    • New gas stove installed in November 2022
    • Newer washer and dryer (2022)
    • Newer water heater (2021-2022)
    • Kitchen cabinets repainted in January 2024

Investment Highlights:

  • No Balloon Payment: Provides long-term financial stability.
  • Strong Long-Term Rental Cash Flow: Projected rental income of $2,980/month ensures positive cash flow.
  • Well-Maintained Property: Recent updates and renovations reduce maintenance costs and increase rental appeal.
  • Prime Location: Located in Nashville, a vibrant and growing market.

This property offers a compelling investment opportunity with a low entry fee of $36,500 plus closing costs, and a manageable PITI of $2,263/month. The additional HOA fee of $320/month ensures well-maintained communal areas and amenities. With an estimated property value of $392,000, there’s immediate equity in this deal, enhancing its attractiveness.

Secure this prime investment in Nashville with a $5,000 earnest money deposit and prepare to generate strong rental income from a desirable and well-maintained property. The absence of a balloon payment and the recent updates make this home a low-risk, high-reward addition to your portfolio.

 

 

Details

Property ID
SPSP-18677
Bedrooms
4
Bathrooms
3
Property Size
1716
Entry Cost ($)
36500
APR (%)
5.375
PITI ($)
2264
Balance ($)
333000
Updated on July 15, 2024 at 6:11 pm

Address

  • Address 8300 Sawyer Brown Rd APT S306
  • State/Province Tennessee
  • Zip/Postal Code 37221

Contact Information

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