REI Lense

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$1,431 (target)

1358 Steam Mill Ferry Rd, Jackson, TN 38301

3 beds • 2 baths • 1485 sqft

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This property might be a fair Mid-Term investment with a projected 0.97% first-year return on $49,500 initial cash invested.

0.97%

Cash On Cash

7.33%

Cap Rate

1.12

DSCR

$1,431

Rent

$40

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,431 income − $1,391 expenses = $40 cash flow

Income$1,431Mortgage P&I$81957%Property Taxes$342%Insurance$524%Management$17212%CapEx$574%Vacancy$433%Maintenance$574%Other$15711%Cash Flow$40

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,431

Total Expenses

$1,391

Mortgage P&I

57%

$819

Property Taxes

2%

$34

Home Insurance

4%

$52

HOA

0%

$0

Property Management

12%

$172

CapEx

4%

$57

Vacancy

3%

$43

Maintenance

4%

$57

Other

11%

$157

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