REI Lense

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$1,803 (target)

146 Parish Rd, Martin, TN 38237

3 beds • 2 baths • 1344 sqft

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This property might be a fair Mid-Term investment with a projected 1.55% first-year return on $55,674 initial cash invested.

1.55%

Cash On Cash

7.36%

Cap Rate

1.15

DSCR

$1,803

Rent

$72

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,803 income − $1,731 expenses = $72 cash flow

Income$1,803Mortgage P&I$95753%Property Taxes$975%Insurance$654%Management$21612%CapEx$724%Vacancy$543%Maintenance$724%Other$19811%Cash Flow$72

Investment Breakdown

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Purchase Price

$179k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,674

Downpayment

20%

$35,880

Closing costs

1%

$1,794

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,803

Total Expenses

$1,731

Mortgage P&I

53%

$957

Property Taxes

5%

$97

Home Insurance

4%

$65

HOA

0%

$0

Property Management

12%

$216

CapEx

4%

$72

Vacancy

3%

$54

Maintenance

4%

$72

Other

11%

$198

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