REI Lense

REI Lense

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$1,429 (target)

2399 Beaver Rd, Munford, TN 38058

3 beds • 2 baths • 1201 sqft

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This property looks like a bad Long-Term investment with a projected -7.97% first-year return on $54,190 initial cash invested.

-7.97%

Cash On Cash

4.65%

Cap Rate

0.78

DSCR

$1,429

Rent

-$360

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,429 income − $1,789 expenses = $360 out of pocket

Income$1,429Out of Pocket$360Mortgage P&I$1,28890%Property Taxes$403%Insurance$906%Management$14310%CapEx$715%Vacancy$866%Maintenance$715%

Investment Breakdown

|

Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,190

Downpayment

20%

$51,610

Closing costs

1%

$2,580

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,429

Total Expenses

$1,789

Mortgage P&I

90%

$1,288

Property Taxes

3%

$40

Home Insurance

6%

$90

HOA

0%

$0

Property Management

10%

$143

CapEx

5%

$71

Vacancy

6%

$86

Maintenance

5%

$71

Other

0%

$0

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