REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,635 (target)

2579 Shoreline Vis, Morristown, TN 37814

3 beds • 2 baths • 1934 sqft

Email

This property looks like a bad Mid-Term investment with a projected -0.62% first-year return on $131k initial cash invested.

-0.62%

Cash On Cash

6.22%

Cap Rate

1.04

DSCR

$4,635

Rent

-$68

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,635 income − $4,703 expenses = $68 out of pocket

Income$4,635Out of Pocket$68Mortgage P&I$2,67358%Property Taxes$2405%Insurance$1924%HOA$23Management$55612%CapEx$1854%Vacancy$1393%Maintenance$1854%Other$51011%

Investment Breakdown

|

Purchase Price

$538k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,384

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,635

Total Expenses

$4,703

Mortgage P&I

58%

$2,673

Property Taxes

5%

$240

Home Insurance

4%

$192

HOA

1%

$23

Property Management

12%

$556

CapEx

4%

$185

Vacancy

3%

$139

Maintenance

4%

$185

Other

11%

$510

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis