REI Lense

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$2,283 (target)

137 4th St, Henderson, TN 38340

3 beds • 2 baths • 1356 sqft

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This property might be a fair Mid-Term investment with a projected 3.53% first-year return on $65,229 initial cash invested.

3.53%

Cash On Cash

7.6%

Cap Rate

1.25

DSCR

$2,283

Rent

$192

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,283 income − $2,091 expenses = $192 cash flow

Income$2,283Mortgage P&I$1,14250%Property Taxes$954%Insurance$793%Management$27412%CapEx$914%Vacancy$683%Maintenance$914%Other$25111%Cash Flow$192

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,283

Total Expenses

$2,091

Mortgage P&I

50%

$1,142

Property Taxes

4%

$95

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$274

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$251

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