REI Lense

REI Lense

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$3,038 (target)

1609 Wendy Cir, Soddy Daisy, TN 37379

3 beds • 2 baths • 1570 sqft

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This property might be a fair Mid-Term investment with a projected 5.02% first-year return on $80,265 initial cash invested.

5.02%

Cash On Cash

7.86%

Cap Rate

1.31

DSCR

$3,038

Rent

$336

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$297k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,265

Downpayment

20%

$59,300

Closing costs

1%

$2,965

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,038

Total Expenses

$2,702

Mortgage P&I

49%

$1,483

Property Taxes

3%

$78

Home Insurance

4%

$107

HOA

0%

$0

Property Management

12%

$365

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$334

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