225 Iris Lane

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225 Iris Lane

Crossville, TN 38555
Asking Price
$2.90M
Cap Rate
6.83%
Asset Type
Single Family Rental Portfolio Retail
Class
Class B

What's Special

Rare opportunity - 14 single family units on 1 tract <p>14 x 1008 sq ft 3 bedroom / 2 bath units on 1 parcel.</p><p>Great condition - 9 built in 2022 & 6 built in 2025.</p>

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NOI
$80,000
Cap Rate
2.76%
DSCR
0.46
Underwater
Cash-on-Cash
-10.59%
Monthly Payment
$14,347.618
Annual Cash Flow
$-92,171.412

Location & Travel Times