REI Lense

REI Lense

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$2,967 (target)

204 Rosewood Dr NE, Cleveland, TN 37312

3 beds • 2 baths • 1680 sqft

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This property looks like a bad Mid-Term investment with a projected -2.69% first-year return on $99,333 initial cash invested.

-2.69%

Cash On Cash

5.68%

Cap Rate

0.95

DSCR

$2,967

Rent

-$223

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,967 income − $3,190 expenses = $223 out of pocket

Income$2,967Out of Pocket$223Mortgage P&I$1,93665%Property Taxes$1054%Insurance$1405%Management$35612%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32611%

Investment Breakdown

|

Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,333

Downpayment

20%

$77,460

Closing costs

1%

$3,873

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,967

Total Expenses

$3,190

Mortgage P&I

65%

$1,936

Property Taxes

4%

$105

Home Insurance

5%

$140

HOA

0%

$0

Property Management

12%

$356

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$326

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