Norada Real Estate Investments

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$3,800 Cash Flow - Only 10% Down!

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10th Best Place for Business
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Real Estate Investment in Knoxville, Tennessee

 Real Estate Investment - Knoxville, Tennessee

DealGrader Score = 9.3

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Purchase property with as little as a 10% down payment and be the first to take advantage of this new pre-construction program that offers you a low out-of-pocket expense, 10% instant equity, and a positive cash flow in one of the best markets in the nation – Knoxville, Tennessee! Our pre-construction homes are priced at $166,500 (appraised at over $185,000).

The thriving mid-sized city of Knoxville, TN has real estate which many say is under-valued. Knoxville property values have seen a steady increase over the past 5 years, with an overall average increase in value of at least 5% per year until 2007.   Even with much of the country in a real estate crisis, Knoxville still maintained a 4% INCREASE in 2007.

   
Investment Strategy:Buy & Hold
 Location:Knoxville, Tennessee
 Property Type:Single Family (4 bed, 2 bath)
 Transaction Type:New Construction
 Market Value:$185,000
 Purchase Price:$166,500
 Instant Equity:$18,500  (10.0%)
 Cash Flow:$3,808  (year 1)
 Capitalization Rate:8.7%  (year 1)
   
   
Positive appreciation for 20+ years.  (OFHEO)
As little as a 10% down payment!
Recent appreciation at 7.0%.
Top 10 Hottest Cities in America (Expansion Magazine 06)
Strong, steady and stable economy.
#1 Best City Relocating Families (ERC Worldwide 2007)
Excellent rental market.
Turn key -- In house property management.
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