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$1,908 (target)

2895 Walker Ave, Memphis, TN 38111

3 beds • 2 baths • 1160 sqft

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This property looks like a bad Mid-Term investment with a projected -0.88% first-year return on $58,782 initial cash invested.

-0.88%

Cash On Cash

6.74%

Cap Rate

1.03

DSCR

$1,908

Rent

-$43

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,908 income − $1,951 expenses = $43 out of pocket

Income$1,908Out of Pocket$43Mortgage P&I$1,05755%Property Taxes$1769%Insurance$704%Management$22912%CapEx$764%Vacancy$573%Maintenance$764%Other$21011%

Investment Breakdown

|

Purchase Price

$194k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,782

Downpayment

20%

$38,840

Closing costs

1%

$1,942

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,908

Total Expenses

$1,951

Mortgage P&I

55%

$1,057

Property Taxes

9%

$176

Home Insurance

4%

$70

HOA

0%

$0

Property Management

12%

$229

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$210

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