REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,295 (target)

1223 S Perkins Rd, Memphis, TN 38117

3 beds • 2 baths • 1554 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.43% first-year return on $63,927 initial cash invested.

0.43%

Cash On Cash

6.85%

Cap Rate

1.1

DSCR

$2,295

Rent

$23

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$219k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,927

Downpayment

20%

$43,740

Closing costs

1%

$2,187

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,295

Total Expenses

$2,272

Mortgage P&I

49%

$1,134

Property Taxes

12%

$279

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$275

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$252

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis