REI Lense

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$1,980 (target)

101 Mitchell Creek Dr, Jonesborough, TN 37659

3 beds • 2 baths • 1496 sqft

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This property looks like a bad Long-Term investment with a projected -8.73% first-year return on $76,419 initial cash invested.

-8.73%

Cash On Cash

4.43%

Cap Rate

0.75

DSCR

$1,980

Rent

-$556

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,980 income − $2,536 expenses = $556 out of pocket

Income$1,980Out of Pocket$556Mortgage P&I$1,79991%Property Taxes$915%Insurance$1317%Management$19810%CapEx$995%Vacancy$1196%Maintenance$995%

Investment Breakdown

|

Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,419

Downpayment

20%

$72,780

Closing costs

1%

$3,639

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,980

Total Expenses

$2,536

Mortgage P&I

91%

$1,799

Property Taxes

5%

$91

Home Insurance

7%

$131

HOA

0%

$0

Property Management

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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