REI Lense

REI Lense

$2,168 (target)

2608 Butlers Green Cir Unit 11, Chattanooga, TN 37421

3 beds • 2 baths • 1750 sqft

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This property looks like a bad Long-Term investment with a projected -16.64% first-year return on $96,558 initial cash invested.

-16.64%

Cash On Cash

3.24%

Cap Rate

0.5

DSCR

$2,168

Rent

-$1,339

Cashflow

Cash Flow

$2,168 income − $3,507 expenses = $1,339 out of pocket

Income$2,168Out ofPocket$1,339P&I$2,472114%Taxes$21110%Insurance$1617%HOA$1005%Mgmt$21710%CapEx$1085%Vacancy$1306%Maint.$1085%

Investment Breakdown

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Purchase Price

$460k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,558

Downpayment

20%

$91,960

Closing costs

1%

$4,598

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,168

Total Expenses

$3,507

Mortgage P&I

114%

$2,472

Property Taxes

10%

$211

Home Insurance

7%

$161

HOA

5%

$100

Property Management

10%

$217

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

See Chattanooga, TN long-term rental market →

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