REI Lense

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$1,583 (target)

2306 E 4th St, Chattanooga, TN 37404

3 beds • 2 baths • 1535 sqft

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This property looks like a bad Long-Term investment with a projected -12.69% first-year return on $71,946 initial cash invested.

-12.69%

Cash On Cash

3.73%

Cap Rate

0.61

DSCR

$1,583

Rent

-$761

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,583 income − $2,344 expenses = $761 out of pocket

Income$1,583Out of Pocket$761Mortgage P&I$1,747110%Property Taxes$644%Insurance$1228%Management$15810%CapEx$795%Vacancy$956%Maintenance$795%

Investment Breakdown

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Purchase Price

$343k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,946

Downpayment

20%

$68,520

Closing costs

1%

$3,426

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,583

Total Expenses

$2,344

Mortgage P&I

110%

$1,747

Property Taxes

4%

$64

Home Insurance

8%

$122

HOA

0%

$0

Property Management

10%

$158

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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