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$2,572 (target)

242 Thorne Cir SE, Cleveland, TN 37323

3 beds • 2 baths • 1290 sqft

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This property looks like a bad Mid-Term investment with a projected -2.1% first-year return on $88,644 initial cash invested.

-2.1%

Cash On Cash

5.77%

Cap Rate

0.97

DSCR

$2,572

Rent

-$155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,572 income − $2,727 expenses = $155 out of pocket

Income$2,572Out of Pocket$155Mortgage P&I$1,67065%Property Taxes$632%Insurance$1195%Management$30912%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28311%

Investment Breakdown

|

Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,644

Downpayment

20%

$67,280

Closing costs

1%

$3,364

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,572

Total Expenses

$2,727

Mortgage P&I

65%

$1,670

Property Taxes

2%

$63

Home Insurance

5%

$119

HOA

0%

$0

Property Management

12%

$309

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$283

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