REI Lense

REI Lense

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$1,694 (target)

120 Russell Dr, Gray, TN 37615

3 beds • 2 baths • 1040 sqft

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This property looks like a bad Long-Term investment with a projected -4.42% first-year return on $53,529 initial cash invested.

-4.42%

Cash On Cash

5.52%

Cap Rate

0.91

DSCR

$1,694

Rent

-$197

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,694 income − $1,891 expenses = $197 out of pocket

Income$1,694Out of Pocket$197Mortgage P&I$1,28476%Property Taxes$734%Insurance$935%Management$16910%CapEx$855%Vacancy$1026%Maintenance$855%

Investment Breakdown

|

Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,529

Downpayment

20%

$50,980

Closing costs

1%

$2,549

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,694

Total Expenses

$1,891

Mortgage P&I

76%

$1,284

Property Taxes

4%

$73

Home Insurance

5%

$93

HOA

0%

$0

Property Management

10%

$169

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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