REI Lense

REI Lense

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$1,576 (target)

181 Smith Ave, Elizabethton, TN 37643

3 beds • 2 baths • 2808 sqft

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This property looks like a bad Long-Term investment with a projected -8.61% first-year return on $57,162 initial cash invested.

-8.61%

Cash On Cash

4.78%

Cap Rate

0.77

DSCR

$1,576

Rent

-$410

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,576 income − $1,986 expenses = $410 out of pocket

Income$1,576Out of Pocket$410Mortgage P&I$1,41590%Property Taxes$604%Insurance$1006%Management$15810%CapEx$795%Vacancy$956%Maintenance$795%

Investment Breakdown

|

Purchase Price

$272k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,162

Downpayment

20%

$54,440

Closing costs

1%

$2,722

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,576

Total Expenses

$1,986

Mortgage P&I

90%

$1,415

Property Taxes

4%

$60

Home Insurance

6%

$100

HOA

0%

$0

Property Management

10%

$158

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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