REI Lense

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$1,950 (target)

1315 Northgate Cir, Hixson, TN 37343

3 beds • 3 baths • 1811 sqft

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This property looks like a bad Long-Term investment with a projected -10.23% first-year return on $68,607 initial cash invested.

-10.23%

Cash On Cash

4.6%

Cap Rate

0.72

DSCR

$1,950

Rent

-$585

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,950 income − $2,535 expenses = $585 out of pocket

Income$1,950Out of Pocket$585Mortgage P&I$1,73989%Property Taxes$1729%Insurance$1166%Management$19510%CapEx$985%Vacancy$1176%Maintenance$985%

Investment Breakdown

|

Purchase Price

$327k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,607

Downpayment

20%

$65,340

Closing costs

1%

$3,267

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,950

Total Expenses

$2,535

Mortgage P&I

89%

$1,739

Property Taxes

9%

$172

Home Insurance

6%

$116

HOA

0%

$0

Property Management

10%

$195

CapEx

5%

$98

Vacancy

6%

$117

Maintenance

5%

$98

Other

0%

$0

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