REI Lense

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$1,881 (target)

105 Deacon Creek Rd, Erwin, TN 37650

3 beds • 2 baths • 1332 sqft

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This property looks like a bad Long-Term investment with a projected -4.19% first-year return on $55,608 initial cash invested.

-4.19%

Cash On Cash

5.93%

Cap Rate

0.93

DSCR

$1,881

Rent

-$194

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,881 income − $2,075 expenses = $194 out of pocket

Income$1,881Out of Pocket$194Mortgage P&I$1,40975%Property Taxes$1056%Insurance$724%Management$18810%CapEx$945%Vacancy$1136%Maintenance$945%

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,608

Downpayment

20%

$52,960

Closing costs

1%

$2,648

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,881

Total Expenses

$2,075

Mortgage P&I

75%

$1,409

Property Taxes

6%

$105

Home Insurance

4%

$72

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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