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$2,300 (target)

1416 Wilbec Rd, Memphis, TN 38117

3 beds • 2 baths • 1284 sqft

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This property looks like a bad Mid-Term investment with a projected -1.52% first-year return on $66,909 initial cash invested.

-1.52%

Cash On Cash

6.58%

Cap Rate

1.01

DSCR

$2,300

Rent

-$85

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,300 income − $2,385 expenses = $85 out of pocket

Income$2,300Out of Pocket$85Mortgage P&I$1,27155%Property Taxes$24811%Insurance$844%Management$27612%CapEx$924%Vacancy$693%Maintenance$924%Other$25311%

Investment Breakdown

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Purchase Price

$233k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,909

Downpayment

20%

$46,580

Closing costs

1%

$2,329

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,300

Total Expenses

$2,385

Mortgage P&I

55%

$1,271

Property Taxes

11%

$248

Home Insurance

4%

$84

HOA

0%

$0

Property Management

12%

$276

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$253

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