REI Lense

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$3,747 (target)

251 Ramblin Rd, Newport, TN 37821

3 beds • 2 baths • 1908 sqft

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This property might be a fair Mid-Term investment with a projected 4.64% first-year return on $96,981 initial cash invested.

4.64%

Cash On Cash

7.63%

Cap Rate

1.28

DSCR

$3,747

Rent

$375

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,747 income − $3,372 expenses = $375 cash flow

Income$3,747Mortgage P&I$1,86750%Property Taxes$963%Insurance$1354%Management$45012%CapEx$1504%Vacancy$1123%Maintenance$1504%Other$41211%Cash Flow$375

Investment Breakdown

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Purchase Price

$376k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,981

Downpayment

20%

$75,220

Closing costs

1%

$3,761

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,747

Total Expenses

$3,372

Mortgage P&I

50%

$1,867

Property Taxes

3%

$96

Home Insurance

4%

$135

HOA

0%

$0

Property Management

12%

$450

CapEx

4%

$150

Vacancy

3%

$112

Maintenance

4%

$150

Other

11%

$412

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