REI Lense

REI Lense

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$1,291 (target)

207 S Highland St, Paris, TN 38242

3 beds • 2 baths • 1590 sqft

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This property looks like a bad Long-Term investment with a projected -7.83% first-year return on $43,239 initial cash invested.

-7.83%

Cash On Cash

5.02%

Cap Rate

0.8

DSCR

$1,291

Rent

-$282

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,291 income − $1,573 expenses = $282 out of pocket

Income$1,291Out of Pocket$282Mortgage P&I$1,07884%Property Taxes$847%Insurance$756%Management$12910%CapEx$655%Vacancy$776%Maintenance$655%

Investment Breakdown

|

Purchase Price

$206k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,239

Downpayment

20%

$41,180

Closing costs

1%

$2,059

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,291

Total Expenses

$1,573

Mortgage P&I

84%

$1,078

Property Taxes

7%

$84

Home Insurance

6%

$75

HOA

0%

$0

Property Management

10%

$129

CapEx

5%

$65

Vacancy

6%

$77

Maintenance

5%

$65

Other

0%

$0

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