REI Lense

REI Lense

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$2,069 (target)

1311 Chestnut Glade Rd, Martin, TN 38237

3 beds • 2 baths • 1845 sqft

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This property might be a fair Long-Term investment with a projected 0.46% first-year return on $54,810 initial cash invested.

0.46%

Cash On Cash

6.81%

Cap Rate

1.09

DSCR

$2,069

Rent

$21

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,069 income − $2,048 expenses = $21 cash flow

Income$2,069Mortgage P&I$1,35766%Property Taxes$583%Insurance$965%Management$20710%CapEx$1035%Vacancy$1246%Maintenance$1035%Cash Flow$21

Investment Breakdown

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Purchase Price

$261k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,810

Downpayment

20%

$52,200

Closing costs

1%

$2,610

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,069

Total Expenses

$2,048

Mortgage P&I

66%

$1,357

Property Taxes

3%

$58

Home Insurance

5%

$96

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

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