REI Lense

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$1,929 (target)

270 Hollow View Dr SE, Cleveland, TN 37323

3 beds • 2 baths • 1620 sqft

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This property looks like a bad Long-Term investment with a projected -7.59% first-year return on $70,182 initial cash invested.

-7.59%

Cash On Cash

4.79%

Cap Rate

0.79

DSCR

$1,929

Rent

-$444

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,929 income − $2,373 expenses = $444 out of pocket

Income$1,929Out of Pocket$444Mortgage P&I$1,68387%Property Taxes$704%Insurance$1196%Management$19310%CapEx$965%Vacancy$1166%Maintenance$965%

Investment Breakdown

|

Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,182

Downpayment

20%

$66,840

Closing costs

1%

$3,342

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,929

Total Expenses

$2,373

Mortgage P&I

87%

$1,683

Property Taxes

4%

$70

Home Insurance

6%

$119

HOA

0%

$0

Property Management

10%

$193

CapEx

5%

$96

Vacancy

6%

$116

Maintenance

5%

$96

Other

0%

$0

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