REI Lense

REI Lense

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$1,805 (target)

117 Boardwalk, Bristol, TN 37620

3 beds • 3 baths • 1450 sqft

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This property looks like a bad Long-Term investment with a projected -4.4% first-year return on $54,264 initial cash invested.

-4.4%

Cash On Cash

5.48%

Cap Rate

0.92

DSCR

$1,805

Rent

-$199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,805 income − $2,004 expenses = $199 out of pocket

Income$1,805Out of Pocket$199Mortgage P&I$1,29071%Property Taxes$1538%Insurance$935%Management$18010%CapEx$905%Vacancy$1086%Maintenance$905%

Investment Breakdown

|

Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,264

Downpayment

20%

$51,680

Closing costs

1%

$2,584

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,805

Total Expenses

$2,004

Mortgage P&I

71%

$1,290

Property Taxes

8%

$153

Home Insurance

5%

$93

HOA

0%

$0

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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