REI Lense

REI Lense

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$1,284 (target)

109 Daniel Ln, Elizabethton, TN 37643

3 beds • 2 baths • 1674 sqft

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This property looks like a bad Long-Term investment with a projected -8.56% first-year return on $45,276 initial cash invested.

-8.56%

Cash On Cash

4.81%

Cap Rate

0.77

DSCR

$1,284

Rent

-$323

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,284 income − $1,607 expenses = $323 out of pocket

Income$1,284Out of Pocket$323Mortgage P&I$1,12488%Property Taxes$988%Insurance$524%Management$12810%CapEx$645%Vacancy$776%Maintenance$645%

Investment Breakdown

|

Purchase Price

$216k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,276

Downpayment

20%

$43,120

Closing costs

1%

$2,156

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,284

Total Expenses

$1,607

Mortgage P&I

88%

$1,124

Property Taxes

8%

$98

Home Insurance

4%

$52

HOA

0%

$0

Property Management

10%

$128

CapEx

5%

$64

Vacancy

6%

$77

Maintenance

5%

$64

Other

0%

$0

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