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$3,201 (target)

135 Meadow Dr, Lexington, TN 38351

3 beds • 3 baths • 2166 sqft

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This property might be a fair Mid-Term investment with a projected 2.67% first-year return on $87,615 initial cash invested.

2.67%

Cash On Cash

7.16%

Cap Rate

1.2

DSCR

$3,201

Rent

$195

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,201 income − $3,006 expenses = $195 cash flow

Income$3,201Mortgage P&I$1,65652%Property Taxes$1414%Insurance$1214%Management$38412%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35211%Cash Flow$195

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,615

Downpayment

20%

$66,300

Closing costs

1%

$3,315

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,201

Total Expenses

$3,006

Mortgage P&I

52%

$1,656

Property Taxes

4%

$141

Home Insurance

4%

$121

HOA

0%

$0

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

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