REI Lense

REI Lense

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$1,522 (target)

137 4th St, Henderson, TN 38340

3 beds • 2 baths • 1356 sqft

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This property looks like a bad Long-Term investment with a projected -4.8% first-year return on $47,229 initial cash invested.

-4.8%

Cash On Cash

5.49%

Cap Rate

0.9

DSCR

$1,522

Rent

-$189

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,522 income − $1,711 expenses = $189 out of pocket

Income$1,522Out of Pocket$189Mortgage P&I$1,14275%Property Taxes$956%Insurance$795%Management$15210%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,522

Total Expenses

$1,711

Mortgage P&I

75%

$1,142

Property Taxes

6%

$95

Home Insurance

5%

$79

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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