REI Lense

REI Lense

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$1,401 (target)

1123 Walnut Rd, Munford, TN 38058

3 beds • 2 baths • 1456 sqft

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This property looks like a bad Long-Term investment with a projected -1.87% first-year return on $37,800 initial cash invested.

-1.87%

Cash On Cash

6.71%

Cap Rate

1.01

DSCR

$1,401

Rent

-$59

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,401 income − $1,460 expenses = $59 out of pocket

Income$1,401Out of Pocket$59Mortgage P&I$99571%Property Taxes$383%Insurance$634%Management$14010%CapEx$705%Vacancy$846%Maintenance$705%

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,800

Downpayment

20%

$36,000

Closing costs

1%

$1,800

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,401

Total Expenses

$1,460

Mortgage P&I

71%

$995

Property Taxes

3%

$38

Home Insurance

5%

$63

HOA

0%

$0

Property Management

10%

$140

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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