REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$5,868 (target)

1115 Old Cartertown Rd, Gatlinburg, TN 37738

3 beds • 3 baths • 580 sqft

$1,349,980

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -16.04% first-year return on $301k initial cash invested.

-16.04%

Cash On Cash

2.87%

Cap Rate

0.46

DSCR

$5,868

Rent

-$4,029

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,868 income − $9,897 expenses = $4,029 out of pocket

Income$5,868Out of Pocket$4,029Mortgage P&I$7,024120%Property Taxes$4067%Insurance$4728%Management$70412%CapEx$2354%Vacancy$1763%Maintenance$2354%Other$64511%

Investment Breakdown

|

Purchase Price

$1350k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$301k

Downpayment

20%

$270k

Closing costs

1%

$13,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,868

Total Expenses

$9,897

Mortgage P&I

120%

$7,024

Property Taxes

7%

$406

Home Insurance

8%

$472

HOA

0%

$0

Property Management

12%

$704

CapEx

4%

$235

Vacancy

3%

$176

Maintenance

4%

$235

Other

11%

$645

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis