REI Lense

REI Lense

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$1,607 (target)

117 Reed Rd, Bristol, TN 37620

3 beds • 2 baths • 1280 sqft

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This property looks like a bad Long-Term investment with a projected -4.31% first-year return on $46,515 initial cash invested.

-4.31%

Cash On Cash

5.75%

Cap Rate

0.92

DSCR

$1,607

Rent

-$167

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$222k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,515

Downpayment

20%

$44,300

Closing costs

1%

$2,215

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,607

Total Expenses

$1,774

Mortgage P&I

71%

$1,148

Property Taxes

8%

$130

Home Insurance

5%

$79

HOA

0%

$0

Property Management

10%

$161

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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