REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,514 (target)

2686 Lakemont Cir, Morristown, TN 37814

3 beds • 2 baths • 2029 sqft

Email

This property might be a fair Long-Term investment with a projected 3.92% first-year return on $61,278 initial cash invested.

3.92%

Cash On Cash

7.34%

Cap Rate

1.22

DSCR

$2,514

Rent

$200

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,514 income − $2,314 expenses = $200 cash flow

Income$2,514Mortgage P&I$1,45958%Property Taxes$964%Insurance$1054%Management$25110%CapEx$1265%Vacancy$1516%Maintenance$1265%Cash Flow$200

Investment Breakdown

|

Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,278

Downpayment

20%

$58,360

Closing costs

1%

$2,918

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,514

Total Expenses

$2,314

Mortgage P&I

58%

$1,459

Property Taxes

4%

$96

Home Insurance

4%

$105

HOA

0%

$0

Property Management

10%

$251

CapEx

5%

$126

Vacancy

6%

$151

Maintenance

5%

$126

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis