REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,535 (target)

1744 Goodhaven Dr, Memphis, TN 38116

3 beds • 2 baths • 1618 sqft

Email

This property looks like a bad Long-Term investment with a projected -5.73% first-year return on $42,714 initial cash invested.

-5.73%

Cash On Cash

5.62%

Cap Rate

0.88

DSCR

$1,535

Rent

-$204

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,535 income − $1,739 expenses = $204 out of pocket

Income$1,535Out of Pocket$204Mortgage P&I$1,07970%Property Taxes$18812%Insurance$725%Management$15410%CapEx$775%Vacancy$926%Maintenance$775%

Investment Breakdown

|

Purchase Price

$203k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,714

Downpayment

20%

$40,680

Closing costs

1%

$2,034

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,535

Total Expenses

$1,739

Mortgage P&I

70%

$1,079

Property Taxes

12%

$188

Home Insurance

5%

$72

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis