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2286 Lake Page Dr, Collierville, TN 38017

4 beds • 4 baths • 3777 sqft

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This property looks like a bad Long-Term investment with a projected -13.13% first-year return on $138k initial cash invested.

-13.13%

Cash On Cash

3.44%

Cap Rate

0.59

DSCR

$3,550

Rent

-$1,506

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$655k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$131k

Closing costs

1%

$6,552

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,550

Total Expenses

$5,056

Mortgage P&I

90%

$3,205

Property Taxes

17%

$606

Home Insurance

7%

$238

HOA

2%

$83

Property Management

10%

$355

CapEx

5%

$178

Vacancy

6%

$213

Maintenance

5%

$178

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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3.5

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4

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2.4 mi

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4

2

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1.3 mi

1255 S Forest Knoll St

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2

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5

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0.6 mi

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2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

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0.9 mi

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$2,850

5

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