REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,624 (target)

2195 Lake Springs Ln, Cordova, TN 38016

3 beds • 2 baths • 1380 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.46% first-year return on $72,579 initial cash invested.

0.46%

Cash On Cash

6.84%

Cap Rate

1.1

DSCR

$2,624

Rent

$28

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,624 income − $2,596 expenses = $28 cash flow

Income$2,624Mortgage P&I$1,34951%Property Taxes$26310%Insurance$913%Management$31512%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28911%Cash Flow$28

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,624

Total Expenses

$2,596

Mortgage P&I

51%

$1,349

Property Taxes

10%

$263

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$315

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$289

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis