REI Lense

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$2,708 (target)

117 Boardwalk, Bristol, TN 37620

3 beds • 3 baths • 1450 sqft

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This property might be a fair Mid-Term investment with a projected 4.18% first-year return on $72,264 initial cash invested.

4.18%

Cash On Cash

7.66%

Cap Rate

1.28

DSCR

$2,708

Rent

$252

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,708 income − $2,456 expenses = $252 cash flow

Income$2,708Mortgage P&I$1,29048%Property Taxes$1536%Insurance$933%Management$32512%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29811%Cash Flow$252

Investment Breakdown

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Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,264

Downpayment

20%

$51,680

Closing costs

1%

$2,584

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,708

Total Expenses

$2,456

Mortgage P&I

48%

$1,290

Property Taxes

6%

$153

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$325

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$298

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