REI Lense

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$1,631 (target)

1476 Southside Rd, Elizabethton, TN 37643

3 beds • 2 baths • 1700 sqft

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This property looks like a bad Long-Term investment with a projected -5.84% first-year return on $51,555 initial cash invested.

-5.84%

Cash On Cash

5.64%

Cap Rate

0.87

DSCR

$1,631

Rent

-$251

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,631 income − $1,882 expenses = $251 out of pocket

Income$1,631Out of Pocket$251Mortgage P&I$1,32381%Property Taxes$553%Insurance$795%Management$16310%CapEx$825%Vacancy$986%Maintenance$825%

Investment Breakdown

|

Purchase Price

$246k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,555

Downpayment

20%

$49,100

Closing costs

1%

$2,455

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,631

Total Expenses

$1,882

Mortgage P&I

81%

$1,323

Property Taxes

3%

$55

Home Insurance

5%

$79

HOA

0%

$0

Property Management

10%

$163

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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