REI Lense

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$3,806 (target)

1404 Meadow Ln, Mt Carmel, TN 37645

3 beds • 3 baths • 2192 sqft

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This property might be a fair Mid-Term investment with a projected 5.13% first-year return on $93,390 initial cash invested.

5.13%

Cash On Cash

7.96%

Cap Rate

1.3

DSCR

$3,806

Rent

$399

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,806 income − $3,407 expenses = $399 cash flow

Income$3,806Mortgage P&I$1,82948%Property Taxes$1584%Insurance$1263%Management$45712%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41911%Cash Flow$399

Investment Breakdown

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Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,390

Downpayment

20%

$71,800

Closing costs

1%

$3,590

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,806

Total Expenses

$3,407

Mortgage P&I

48%

$1,829

Property Taxes

4%

$158

Home Insurance

3%

$126

HOA

0%

$0

Property Management

12%

$457

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$419

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