REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,993 (target)

2549 Hearth Stone Dr, Cordova, TN 38016

3 beds • 2 baths • 2439 sqft

Email

This property looks like a bad Long-Term investment with a projected -2.01% first-year return on $70,497 initial cash invested.

-2.01%

Cash On Cash

6.5%

Cap Rate

1.02

DSCR

$2,993

Rent

-$118

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,993 income − $3,111 expenses = $118 out of pocket

Income$2,993Out of Pocket$118Mortgage P&I$1,78560%Property Taxes$42814%Insurance$1194%Management$29910%CapEx$1505%Vacancy$1806%Maintenance$1505%

Investment Breakdown

|

Purchase Price

$336k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,497

Downpayment

20%

$67,140

Closing costs

1%

$3,357

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,993

Total Expenses

$3,111

Mortgage P&I

60%

$1,785

Property Taxes

14%

$428

Home Insurance

4%

$119

HOA

0%

$0

Property Management

10%

$299

CapEx

5%

$150

Vacancy

6%

$180

Maintenance

5%

$150

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis