This spacious 5 bed / 3 bath home with 2,715 sq ft, built in 2004, offers a prime investment opportunity in Arlington. The property is clean, features a mother-in-law suite, and requires only about $20,000 in cosmetic updates
Line Item Amount
Purchase Price $310,000
Rehab Estimate $20,000
After Repair Value (ARV) $425,000
Commissions & Closing (5%) $15,500
Total All-In Cost $345,500
Projected Profit (ARV − Total All-In) $79,500
Financing (20% down, 7% interest, 30 years)
-
Down Payment: $62,000
-
Loan Amount: $248,000
-
Monthly Mortgage (P&I): ~$1,648.00
-
Annual Mortgage (P&I): ~$19,776.00
Rental Potential (if held)
(assuming $2,900/month rent for large 5BR homes in Arlington, TN — can be adjusted when exact comps are pulled)
-
Gross Annual Rent: $34,800
-
Vacancy (2%): –$696
-
Effective Gross Income: $34,104
Operating Expenses
-
Property Management (10%): $3,480
-
Taxes + Insurance (est.): ~$5,500
-
Maintenance: TBD
-
Total Expenses: ~$8,980
Net Operating Income (NOI): ~$25,124
Cash Flow Before Taxes (after mortgage): ~$5,348
Cash-on-Cash Return: ~8.6% (on $62,000 equity)
Property Highlights
-
5 Bedrooms / 3 Bathrooms, 2,715 sq ft
-
Built in 2004, modern construction
-
Includes a mother-in-law suite (adds value for resale or rental income)
-
Minimal rehab required ($20k cosmetic/updates)
-
Strong exit strategy as a flip (profit ~$79,500) or rental (steady cash flow)
