REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1095 Locke Cuba Rd, Millington, TN 38053

3 beds • 2 baths • 1378 sqft

Email

This property looks like a bad Airbnb investment with a projected -7.99% first-year return on $80,790 initial cash invested.

-7.99%

Cash On Cash

4.43%

Cap Rate

0.71

DSCR

$2,356

Rent

-$538

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,356 income − $2,894 expenses = $538 out of pocket

Income$2,356Out of Pocket$538Mortgage P&I$1,54966%Property Taxes$1105%Insurance$1054%Management$35315%CapEx$944%Maintenance$944%Other$58925%

Investment Breakdown

|

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

$2,356

Total Expenses

$2,894

Mortgage P&I

66%

$1,549

Property Taxes

5%

$110

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$353

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$589

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis