REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2040 Walker Cove Rd, Sparta, TN 38583

3 beds • 2 baths • 1344 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.5% first-year return on $64,134 initial cash invested.

-7.5%

Cash On Cash

4.55%

Cap Rate

0.79

DSCR

$1,695

Rent

-$401

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,134

Downpayment

20%

$61,080

Closing costs

1%

$3,054

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,695

Total Expenses

$2,096

Mortgage P&I

87%

$1,475

Property Taxes

4%

$71

Home Insurance

6%

$108

HOA

0%

$0

Property Management

10%

$170

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis