REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,769 (target)

1103 Clingan Ridge Dr NW, Cleveland, TN 37312

3 beds • 2 baths • 1572 sqft

Email

This property looks like a bad Mid-Term investment with a projected -0.98% first-year return on $80,979 initial cash invested.

-0.98%

Cash On Cash

6.81%

Cap Rate

1.03

DSCR

$2,769

Rent

-$66

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,769 income − $2,835 expenses = $66 out of pocket

Income$2,769Out of Pocket$66Mortgage P&I$1,65860%Property Taxes$1305%Insurance$1054%Management$33212%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30511%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,769

Total Expenses

$2,835

Mortgage P&I

60%

$1,658

Property Taxes

5%

$130

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$332

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$305

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis