The Inglewood
Single Family
4
3.5
2318
Sqft
2016
$679,000
Purchase Price
$3,395
Rent / Mo
0%
Property Leverage
How Are Monthly Dividends Determined for The Inglewood?
Properties start paying dividends once they start generating income and may vary month to month. The monthly dividend is determined by analyzing several factors, including rental status, the amount of cash in the property’s reserves, last quarter’s cash flow, projected expenses, and lease renewal timing. For more information on why dividends may be increased, decreased or paused, please see our detailed FAQ. The rental history and dividend payments for each property can be found on the performance tab.
About
The Inglewood is a beautiful 3 bedroom, 3 bathroom home in the heart of East Nashville. The home has an open floor plan with hardwood floors and frost white quartz countertops. The basement can be used a bonus room or fourth bedroom. The house features a large deck and has a two car garage. The home is walking distance to popular shopping and dining spots.
Tenant Leasing Process
The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.
Rented
Rental Status
This property is eligible to start receiving dividends after its first lease is signed.
The Market
Nashville, TN
Nashville is the capital and the most populous city in Tennessee. Nashville, also know as “Music City”, is a major center for the music industry, especially country music. There are also a number of colleges and universities, including Tennessee State University, Vanderbilt University, Belmont University and numerous others. The city is a major center for healthcare, publishing, banking, automotive, technology and transportation industries. Many consider the region to be one of the the best housing markets in America and one of the best places for businesses and careers due to the exceptional growth and opportunities in the area.
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100%
Funded
1,218
Investors
$781,420
Invested