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$2,380 (target)

2624 Appling Crest Dr, Memphis, TN 38133

3 beds • 2 baths • 1201 sqft

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This property looks like a bad Mid-Term investment with a projected -0.89% first-year return on $67,602 initial cash invested.

-0.89%

Cash On Cash

6.78%

Cap Rate

1.03

DSCR

$2,380

Rent

-$50

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,380 income − $2,430 expenses = $50 out of pocket

Income$2,380Out of Pocket$50Mortgage P&I$1,28954%Property Taxes$24810%Insurance$844%Management$28612%CapEx$954%Vacancy$713%Maintenance$954%Other$26211%

Investment Breakdown

|

Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,602

Downpayment

20%

$47,240

Closing costs

1%

$2,362

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,380

Total Expenses

$2,430

Mortgage P&I

54%

$1,289

Property Taxes

10%

$248

Home Insurance

4%

$84

HOA

0%

$0

Property Management

12%

$286

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$262

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