REI Lense

REI Lense

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$1,685 (target)

221 Pippin Hollow Rd, Erwin, TN 37650

3 beds • 2 baths • 1144 sqft

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This property looks like a bad Long-Term investment with a projected -7.26% first-year return on $50,400 initial cash invested.

-7.26%

Cash On Cash

5.72%

Cap Rate

0.84

DSCR

$1,685

Rent

-$305

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,685 income − $1,990 expenses = $305 out of pocket

Income$1,685Out of Pocket$305Mortgage P&I$1,36481%Property Taxes$1056%Insurance$845%Management$16810%CapEx$845%Vacancy$1016%Maintenance$845%

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,400

Downpayment

20%

$48,000

Closing costs

1%

$2,400

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,685

Total Expenses

$1,990

Mortgage P&I

81%

$1,364

Property Taxes

6%

$105

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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