The Roxy
Single Family
4
3
2025
Sqft
2013
$325,000
Purchase Price
$1,995
Rent / Mo
70%
Property Leverage
How Are Monthly Dividends Determined for The Roxy?
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 Roxy is a beautiful split level four bedroom and three bathroom home. There are high ceilings and plenty of natural lighting in the open concept living space. The kitchen offers granite countertops and stainless steel appliances. There is direct access to a large covered porch. There are three large bedrooms and upstairs laundry. The master bedroom has an ensuite bathroom with a separate garden tub, large shower, double vanities, walk in closet and a water closet. The den room offers full walk out to a spacious patio area and a a private fenced backyard.
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
109
Investors
$143,630
Invested