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$2,512 (target)

285 N McNeil St, Memphis, TN 38112

3 beds • 2 baths • 1809 sqft

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This property looks like a bad Mid-Term investment with a projected -2.76% first-year return on $75,141 initial cash invested.

-2.76%

Cash On Cash

5.7%

Cap Rate

0.95

DSCR

$2,512

Rent

-$173

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,512 income − $2,685 expenses = $173 out of pocket

Income$2,512Out of Pocket$173Mortgage P&I$1,36654%Property Taxes$37115%Insurance$964%Management$30112%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27611%

Investment Breakdown

|

Purchase Price

$272k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,141

Downpayment

20%

$54,420

Closing costs

1%

$2,721

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,512

Total Expenses

$2,685

Mortgage P&I

54%

$1,366

Property Taxes

15%

$371

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$301

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$276

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