REI Lense

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$2,554 (target)

1051 Timberlake Wildersville Rd, Lexington, TN 38351

3 beds • 2 baths • 1382 sqft

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This property might be a fair Mid-Term investment with a projected 8.88% first-year return on $63,360 initial cash invested.

8.88%

Cash On Cash

9.17%

Cap Rate

1.53

DSCR

$2,554

Rent

$469

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,554 income − $2,085 expenses = $469 cash flow

Income$2,554Mortgage P&I$1,07942%Property Taxes$452%Insurance$934%Management$30612%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28111%Cash Flow$469

Investment Breakdown

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Purchase Price

$216k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,360

Downpayment

20%

$43,200

Closing costs

1%

$2,160

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,554

Total Expenses

$2,085

Mortgage P&I

42%

$1,079

Property Taxes

2%

$45

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$281

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