REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,698 (target)

1588 Golf Course Rd, Newport, TN 37821

3 beds • 2 baths • 1907 sqft

Email

This property looks like a bad Mid-Term investment with a projected -9.52% first-year return on $115k initial cash invested.

-9.52%

Cash On Cash

4.14%

Cap Rate

0.66

DSCR

$2,698

Rent

-$914

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,698 income − $3,612 expenses = $914 out of pocket

Income$2,698Out of Pocket$914Mortgage P&I$2,40189%Property Taxes$1235%Insurance$1706%Management$32412%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29711%

Investment Breakdown

|

Purchase Price

$463k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,540

Closing costs

1%

$4,627

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,698

Total Expenses

$3,612

Mortgage P&I

89%

$2,401

Property Taxes

5%

$123

Home Insurance

6%

$170

HOA

0%

$0

Property Management

12%

$324

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$297

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis