REI Lense

REI Lense

Unlock all features! Tap here to upgrade

242 Thorne Cir SE, Cleveland, TN 37323

3 beds • 2 baths • 1290 sqft

Email

This property looks like a bad Airbnb investment with a projected -12.55% first-year return on $88,644 initial cash invested.

-12.55%

Cash On Cash

2.9%

Cap Rate

0.49

DSCR

$1,779

Rent

-$927

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,779 income − $2,706 expenses = $927 out of pocket

Income$1,779Out of Pocket$927Mortgage P&I$1,67094%Property Taxes$634%Insurance$1197%Management$26715%CapEx$714%Maintenance$714%Other$44525%

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

$1,779

Total Expenses

$2,706

Mortgage P&I

94%

$1,670

Property Taxes

4%

$63

Home Insurance

7%

$119

HOA

0%

$0

Property Management

15%

$267

CapEx

4%

$71

Vacancy

0%

$0

Maintenance

4%

$71

Other

25%

$445

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis