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BED: 4    BATH: 2.5    SQ FT: 1,991    YEAR BUILT: 2023 The Simon is a brand new 4 bedroom, 2.5 bathroom home in Morristown, TN. Residents will enjoy lots of windows, natural light, and laminate hardwood throughout the first floor. The kitchen includes a trendy design with white cabinets, large pantry, and all new appliances. All bedrooms are carpeted upstairs for comfort. Outdoor living and entertaining is made easy with the spacious backyard and paved patio. This home is conveniently equipped with a long driveway and two-car garage. Tenant Leasing Process Preparing a home for the rental market is a multi-tiered process that begins as soon as the property is acquired. Our experienced investment team works closely with the local property managers to get it show-ready, determine optimal market rent, take high-quality photos and videos, market the rental through various online and offline channels, screen and thoroughly vet tenant applications, and finalize the lease terms. Below you can find more information regarding the current rental status, the expected timeline, and the rental income. Timeline to Rent 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. The Market Real estate values and returns are highly dependent on location. In general, properties in more affordable markets will have higher cash flow (potential dividends), and properties in more expensive markets will have higher appreciation. Vantage Horizon strives to give investors options to choose how much they invest in appreciation markets, cash flow markets, or balanced markets.

The economy of the local city and market will dictate the potential returns of an investment. In general, some markets see high appreciation of home values, some have higher cash flow (dividends), and some have a mix of the two. Knoxville, TN Located east of Nashville in the foothills of Great Smokey Mountains National Park, Knoxville is the state’s third largest city and home to the University of Tennessee. The city is situated at the crossroads of three major interstates (I-75, I-40 and I-81) and is known for its many natural areas, attractions, museums. Knoxville has an up-and-coming culinary scene, a beautifully renovated downtown, and is host to several large national and regional company headquarters such as Regal Cinemas, Pilot Flying J, and Scripps Network Interactive Offering Details The Offering Details provide a breakdown of the financials for a specific property offering. The Offering Details show the operating plan for the property, including how the Raise Amount proceeds will be used. For transparency, we also like to share a breakdown of the Arrived fees. And if you're interested in more information, we also link to other resource documents that go into more depth around each offering. Property Purchase Price
US$288,965
Property Improvements & Cash Reserves
US$21,990
Closing Costs, Offering Costs & Holding Costs
US$20,827 Rental Status Marketed for rent
Vantage Horizon Sourcing Fee (One-time)
US$10,110 Monthly rent: US$2,600 VHM Fee: 5% Total Property Amount US$341,892 Property Management Fees * 10% (up to 15% depending on the performance of the property)