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$2,546 (target)

1095 Locke Cuba Rd, Millington, TN 38053

3 beds • 2 baths • 1378 sqft

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This property looks like a bad Mid-Term investment with a projected -1.25% first-year return on $80,790 initial cash invested.

-1.25%

Cash On Cash

6.29%

Cap Rate

1.01

DSCR

$2,546

Rent

-$84

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,546 income − $2,630 expenses = $84 out of pocket

Income$2,546Out of Pocket$84Mortgage P&I$1,54961%Property Taxes$1104%Insurance$1054%Management$30612%CapEx$1024%Vacancy$763%Maintenance$1024%Other$28011%

Investment Breakdown

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Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,790

Downpayment

20%

$59,800

Closing costs

1%

$2,990

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,546

Total Expenses

$2,630

Mortgage P&I

61%

$1,549

Property Taxes

4%

$110

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$280

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