REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,302 (target)

1744 Goodhaven Dr, Memphis, TN 38116

3 beds • 2 baths • 1618 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.58% first-year return on $60,714 initial cash invested.

3.58%

Cash On Cash

7.98%

Cap Rate

1.25

DSCR

$2,302

Rent

$181

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,302 income − $2,121 expenses = $181 cash flow

Income$2,302Mortgage P&I$1,07947%Property Taxes$1888%Insurance$723%Management$27612%CapEx$924%Vacancy$693%Maintenance$924%Other$25311%Cash Flow$181

Investment Breakdown

|

Purchase Price

$203k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,714

Downpayment

20%

$40,680

Closing costs

1%

$2,034

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,302

Total Expenses

$2,121

Mortgage P&I

47%

$1,079

Property Taxes

8%

$188

Home Insurance

3%

$72

HOA

0%

$0

Property Management

12%

$276

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$253

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis