• Interest Rate: 3.125%
• Loan Type: FHA
• Amortization End Date: 08/01/2051
• Lender: Cross Country Mortgage
• Entry Fee Breakdown
• Closing Costs: $3,400 (approximate)

Rental Estimates ⚒️

Long-Term Rental (LTR):

• $2500
• Current Listing in the Same Neighborhood:
  • 301 Locust Grove Dr, Cordova, TN: Listed for rent at $2,700/month (similar beds, baths, and square footage)

Mid-Term Rental (MTR) 🗝️

• Estimate: $3,375/month

Wrap Estimate 

• Purchase Price: $375,000
• Down Payment (10%): $37,500
• Interest Rate: 8%
• Monthly PITI (with PMI): $3,042

Investment Considerations

This property offers multiple investment strategies, each with promising potential returns. The entry fee percentage and the detailed breakdown provide clarity on initial costs. Rental estimates suggest strong income potential, while the wrap estimate offers an attractive exit strategy.

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