REI Lense

REI Lense

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$1,639 (target)

113 Starlite Dr, Greeneville, TN 37743

3 beds • 2 baths • 1455 sqft

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This property looks like a bad Long-Term investment with a projected -2.16% first-year return on $42,819 initial cash invested.

-2.16%

Cash On Cash

6.5%

Cap Rate

1

DSCR

$1,639

Rent

-$77

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,639 income − $1,716 expenses = $77 out of pocket

Income$1,639Out of Pocket$77Mortgage P&I$1,09967%Property Taxes$1036%Insurance$885%Management$16410%CapEx$825%Vacancy$986%Maintenance$825%

Investment Breakdown

|

Purchase Price

$204k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,819

Downpayment

20%

$40,780

Closing costs

1%

$2,039

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,639

Total Expenses

$1,716

Mortgage P&I

67%

$1,099

Property Taxes

6%

$103

Home Insurance

5%

$88

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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