REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,186 (target)

2386 Cane Creek Rd, Cookeville, TN 38506

3 beds • 4 baths • 2670 sqft

Email

This property looks like a bad Mid-Term investment with a projected -7.06% first-year return on $124k initial cash invested.

-7.06%

Cash On Cash

4.56%

Cap Rate

0.76

DSCR

$3,186

Rent

-$730

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,186 income − $3,916 expenses = $730 out of pocket

Income$3,186Out of Pocket$730Mortgage P&I$2,52479%Property Taxes$1234%Insurance$1876%Management$38212%CapEx$1274%Vacancy$963%Maintenance$1274%Other$35011%

Investment Breakdown

|

Purchase Price

$505k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$101k

Closing costs

1%

$5,053

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,186

Total Expenses

$3,916

Mortgage P&I

79%

$2,524

Property Taxes

4%

$123

Home Insurance

6%

$187

HOA

0%

$0

Property Management

12%

$382

CapEx

4%

$127

Vacancy

3%

$96

Maintenance

4%

$127

Other

11%

$350

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis