REI Lense

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$3,096 (target)

1200 Duck Pond Rd, Sparta, TN 38583

3 beds • 2 baths • 2000 sqft

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This property might be a fair Mid-Term investment with a projected 0.67% first-year return on $90,828 initial cash invested.

0.67%

Cash On Cash

6.69%

Cap Rate

1.1

DSCR

$3,096

Rent

$51

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,828

Downpayment

20%

$69,360

Closing costs

1%

$3,468

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,096

Total Expenses

$3,045

Mortgage P&I

57%

$1,757

Property Taxes

4%

$112

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

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