🏡 OFF MARKET EASY FLIP LESS THAN 1 HR FROM NASHVILLE TN🏡 

55 mi from downtown Nashville, TN

459 Franklin Ave, Lewisburg, Tennessee 37091

**We Pay REALTORS 3% Commission**

Property Info:

• Single Family Home
• 3 beds
• 1 baths
• 1,149 sq ft
• .13 acre lot
• Built in 1928

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Rehab Info:

• Level 3 rehab: Moderate updates/repairs - Kitchen and bathroom require updating, roof, HVAC, windows, some electrical/plumbing, cosmetic updating/landscaping
• Estimated $50,000 - $60,000

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Purchase: $80,000

Rehab: $55,000

Total investment: $135,000

ARV: $200,000+

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Rent: $1,500/mo+

Exp: $150 (10%)

Management: $150 (10%)

Vacancy: $75 (5%)

Taxes/Ins: $125/mo ($500 annual tax + $960 annual insurance)

Monthly Cash Flow: $1,033.33

Cap Rate: 15.1%

Annual ROI: 8.8%

Return of Cash: 11.4 years

**IF self managed:

Monthly Cash Flow: $1,153.33

Cap Rate: 17.4%

Annual ROI: 10.1%

Return of Cash: 9.9 years